Apollo Hospitals Nears 52-Week High with 12.36% Annual Growth

Apollo Hospitals Enterprise Ltd., a prominent player in the hospital industry, has shown remarkable performance in recent trading sessions. The stock is currently just 1.71% away from its 52-week high of Rs 7981.2, reflecting strong market momentum. Today, it has maintained a performance level in line with the sector, marking its fourth consecutive day of gains with a total increase of 2.24% over this period.
The stock opened at Rs 7847 and has consistently traded at this level, indicating stability. Notably, Apollo Hospitals is performing well above its 5-day, 20-day, 50-day, 100-day, and 200-day moving averages, suggesting a robust upward trend.

In terms of financial metrics, Apollo Hospitals boasts a market capitalization of Rs 1,13,000.36 crore, categorizing it as a large-cap stock. Its price-to-earnings (P/E) ratio stands at 71.71, slightly above the industry average of 71.12. Over the past year, the stock has delivered a commendable return of 12.36%, significantly outperforming the Sensex, which has risen by only 2.89%. This performance underscores Apollo Hospitals' strong position in the market and its ability to deliver value to shareholders.