Buy Apollo Hospitals Enterprise, target price Rs 5930: ICICI Direct

Buy Apollo Hospitals Enterprise, target price Rs 5930: ICICI Direct

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Synopsis

Apollo Hospitals Enterprise Ltd., incorporated in the year 1979, is a Large Cap company (having a market cap of Rs 74888.80 Crore) operating in Hospitals & Allied Services sector.

ThinkStock Photos
Promoters held 29.82 per cent stake in the company as of 30-Sep-2021, while FIIs owned 51.54 per cent, DIIs 12.29 per cent.

ICICI Direct has buy call on

Enterprise with a target price of Rs 5930. The current market price of Apollo Hospitals Enterprise Ltd. is Rs 5219.25.

Time period given by analyst is one year when Apollo Hospitals Enterprise Ltd. price can reach defined target.

Apollo Hospitals Enterprise Ltd., incorporated in the year 1979, is a Large Cap company (having a market cap of Rs 74888.80 Crore) operating in Hospitals & Allied Services sector.

Apollo Hospitals Enterprise Ltd. key Products/Revenue Segments include Pharmaceuticals, HealthCare Services and Other Operating Revenue for the year ending 31-Mar-2021.

Financials

For the quarter ended 30-09-2021, the company reported a Consolidated Total Income of Rs 3722.70 Crore, down -1.64 % from last quarter Total Income of Rs 3784.85 Crore and up 34.29 % from last year same quarter Total Income of Rs 2772.04 Crore. Company reported net profit after tax of Rs 264.89 Crore in latest quarter.

Promoter/FII Holdings
Promoters held 29.82 per cent stake in the company as of 30-Sep-2021, while FIIs owned 51.54 per cent, DIIs 12.29 per cent.

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SynopsisApollo Hospitals Enterprise Ltd., incorporated in the year 1979, is a Large Cap company (having a market cap of Rs 74888.80 Crore) operating in Hospitals & Allied Services sector.ThinkStock PhotosPromoters held 29.82 per cent stake in the company as of 30-Sep-2021, while FIIs owned 51.54 per cent, DIIs 12.29 per cent.ICICI Direct has buy call on Enterprise with a target price of Rs 5930. The current market price of Apollo Hospitals Enterprise Ltd. is Rs 5219.25. Time period given by analyst is one year when Apollo Hospitals Enterprise Ltd. price can reach defined target. Apollo Hospitals Enterprise Ltd., incorporated in the year 1979, is a Large Cap company (having a market cap of Rs 74888.80 Crore) operating in Hospitals & Allied Services sector. Apollo Hospitals Enterprise Ltd. key Products/Revenue Segments include Pharmaceuticals, HealthCare Services and Other Operating Revenue for the year ending 31-Mar-2021. Financials For the quarter ended 30-09-2021, the company reported a Consolidated Total Income of Rs 3722.70 Crore, down -1.64 % from last quarter Total Income of Rs 3784.85 Crore and up 34.29 % from last year same quarter Total Income of Rs 2772.04 Crore. Company reported net profit after tax of Rs 264.89 Crore in latest quarter. Promoter/FII Holdings Promoters held 29.82 per cent stake in the company as of 30-Sep-2021, while FIIs owned 51.54 per cent, DIIs 12.29 per cent. (Disclaimer: Recommendations given in this section or any reports attached herein are authored by an external party. Views expressed are that of the respective authors/entities. These do not represent the views of Economic Times (ET). ET does not guarantee, vouch for, endorse any of its contents and hereby disclaims all warranties, express or implied, relating to the same. Please consult your financial adviser and seek independent advice.(What’s moving Sensex and Nifty Track latest market news, stock tips and expert advice on ETMarkets. Also, ETMarkets.com is now on Telegram. For fastest news alerts on financial markets, investment strategies and stocks alerts, subscribe to our Telegram feeds.) Download The Economic Times News App to get Daily Market Updates & Live Business News….morelessPick the best stocks for yourself Powered by 5 mins read3 mins read3 mins read2 mins read2 mins read3 mins read4 mins read3 mins read

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