India's Apollo Hospitals rises after Citi adds stock to Pan-Asia focus list

Apollo Hospitals Enterprise

24/03/2026 06:59

** Hospitals-chain operator Apollo Hospitals APLH.NS rises about 3.8% to 7,419 rupees

** Stock rises after Citi Research adds Apollo to its Pan-Asia focus list at a "buy" recommendation

** Citi's Pan-Asia focus list is a compilation of its high-conviction stock ideas across the region

** Citi's price target of 9,600 rupees for APLH implies an upside of about 35%

** APLH remains the preferred pick in Indian hospitals space due to its structurally resilient hospital business, a fast-growing pharmacy business and valuations below long-term averages, Citi says

** APLH shares up 1.5% in 2026 so far, resisting the broader market slide in which the Nifty 50 .NSEI has lost 12.7%, exchange data shows

 (Reporting by Bharath Rajeswaran in Bengaluru)

 ((bharath.rajeswaran@thomsonreuters.com; +91 9769003463;))