Picture of Apollo Hospitals Enterprise logo

APOLLOHOSP Apollo Hospitals Enterprise News Story

0.000.00%
in flag iconLast trade - 00:00
HealthcareConservativeLarge CapHigh Flyer

Preview: India's Apollo Hospitals inches down ahead of fourth quarter results

** Shares of India's Apollo Hospitals APLH.NS down 0.31% to 8057.50 rupees ahead of its fourth quarter results

** Analysts on an average expect co to report a consolidated net profit of 4.87 billion rupees ($50.75 million), up 25% y/y -data compiled by LSEG

** Analysts also expect co's revenue to increase 15.8% year-on-year to 64.78 billion rupees - LSEG compiled data

** ICICI Securities said hospital companies may see margin pressure in Q4 due to higher overhead costs from newly added hospitals despite healthy revenue growth

** Brokerage said ALPH's hospital margins could be impacted by losses from newly commissioned facilities

** APLH rated "buy" on average by 26 analyst, median PT at 8975 rupees - LSEG data

** YTD stock up 14.77%

($1 = 95.9600 Indian rupees)

 (Reporting by Surbhi Misra in Bengaluru)

 ((Surbhi.Misra@thomsonreuters.com |  X: https://twitter.com/SurbhiMisra_  |;))

Recent news on Apollo Hospitals Enterprise

See all news