India's Apollo Hospitals eyes best session in 3 years on Q2 profit beat
07/11/2024 04:03
** Shares of Apollo Hospitals Enterprise Ltd APLH.NS jump
6.2% to 7,400 rupees, on track for best session since November
2021
** APLH topped Q2 profit estimates on Wednesday on strong
demand for its healthcare services and higher occupancy rate
across its network of hospitals
** Analysts tracking APLH rate it "buy" on avg, same as
smaller hospital chains Max Healthcare Institute MAXE.NS and
Fortis Healthcare FOHE.NS - LSEG data
** However, APLH's YTD gains of 30% makes it a laggard vs
MAXE's 58% jump and FOHE's 49% growth
(Reporting by Nandan Mandayam in Bengaluru)
((Nandan.Mandayam@thomsonreuters.com; Mobile: +91 9591011727;))
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