Apollo Hospitals Achieves 52-Week High Amid Strong Financial Performance and Market Momentum

Apollo Hospitals Enterprise has reached a significant milestone today, hitting a new 52-week high of Rs. 7869.2. This achievement comes as the stock has shown impressive performance, gaining nearly 10% over the past four days. The stock has consistently traded above its 5-day, 20-day, 50-day, 100-day, and 200-day moving averages, indicating strong momentum.
In the broader market context, the Sensex opened positively and is currently trading at 80,631.71, reflecting a modest gain of 0.11%. Apollo Hospitals, a large-cap player in the hospital industry, has outperformed the Sensex over the past year, delivering a return of 19.23% compared to the index's 1.96%.

The company has demonstrated robust financial health, with net sales growing at an annual rate of 15.76% and operating profit increasing by 31%. Apollo Hospitals has also reported positive results for the last seven consecutive quarters, showcasing high management efficiency with a return on capital employed (ROCE) of 15.08%. With a market capitalization of Rs. 1,12,274 crore, Apollo Hospitals stands as the second-largest company in its sector, commanding a significant 19.09% share of the industry.