Healthcare company to invest Rs 3,435 crore to add 2,285 beds in next 3-4 years. Do you hold?
Healthcare company to invest Rs 3,435 crore to add 2,285 beds in next 3-4 years. Do you hold?

Healthcare company to invest Rs 3,435 crore to add 2,285 beds in next 3-4 years. Do you hold?

Expansion plan will help the hospital company to increase market share and cater to the increasing demand for quality healthcare service

Aniket Gogate Article rating: 4.3

Apollo Hospitals Enterprise Ltd, one of India's leading healthcare providers, is gearing up for a massive expansion drive with a capex plan of Rs 3,435 crore to add 2,285 beds over the next 3-4 years. This ambitious move is a bullish bet on the future of Indian healthcare, which is poised to grow rapidly in the coming years.

Stock below Rs 20: Don't miss action in this stock that has announced rights issue worth Rs 48,92,04,000!
Stock below Rs 20: Don't miss action in this stock that has announced rights issue worth Rs 48,92,04,000!

Stock below Rs 20: Don't miss action in this stock that has announced rights issue worth Rs 48,92,04,000!

The stock has a PE multiple of 8.98, while the sectoral PE multiple is 32.8, the ROE is 44.60 per cent and the ROCE is 45.74 per cent.

Kiran Shroff Article rating: 4.0

The stock has a PE multiple of 8.98, while the sectoral PE multiple is 32.8, the ROE is 44.60 per cent and the ROCE is 45.74 per cent.

Top gaining stocks: These healthcare stocks surged over 10 per cent despite a sharp decline in domestic markets!
Top gaining stocks: These healthcare stocks surged over 10 per cent despite a sharp decline in domestic markets!

Top gaining stocks: These healthcare stocks surged over 10 per cent despite a sharp decline in domestic markets!

The only sector which was least affected today was the BSE Healthcare Index, which plunged 1.18 per cent to Rs 23,493.96, despite a sharp decline in the domestic market.

Kiran Shroff Article rating: 4.3

The only sector which was least affected today was the BSE Healthcare Index, which plunged 1.18 per cent to Rs 23,493.96, despite a sharp decline in the domestic market.

 

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