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APOLLOHOSP — Apollo Hospitals Enterprise News Story

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India's Apollo Hospitals gains after quarterly profit rise; brokerages stay bullish

BUZZ-India's Apollo Hospitals gains after quarterly profit rise; brokerages stay bullish

** Apollo Hospitals' APLH.NS shares rise 2.2% to 8,778.5 rupees

** June-qtr net profit rose to 5.81 billion rupees ($60.91 million), from 4.33 billion rupees a year earlier.

** Revenue from ops rose 20.6% YoY; Hospital occupancy at 70%, from 65% previously

** Co to add more than 5,800 beds over next five years, from 10,000 currently

** Antique Stock Broking raises FY27/28 EPS estimates, citing lower-than-expected losses at new units, resilient margins, cost-control measures, recovering international patient volumes

** DAM Capital says Apollo offers differentiated, scaled exposure to India's out-of-hospital healthcare spending opportunity, unlike traditional hospital-focused peers

** 23 of 27 brokerages rate stock "buy" or higher; median PT is 9,700 rupees - LSEG-compiled data

** YTD, stock up nearly 24%

($1 = 95.3900 Indian rupees)


(Reporting by Abhinav Parmar in Bengaluru)

((Abhinav.Parmar@thomsonreuters.com;))

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