Apollo Hospitals Reaches New Milestone with 52-Week High and 'Buy' Call from MarketsMOJO

Nov 07 2024 09:35 AM IST
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Apollo Hospitals Enterprise Ltd. (Apollo Hospitals) has achieved a new milestone as its stock price reached a 52-week high on November 7, 2024. The company has been performing exceptionally well, outperforming its sector by 3.96% and showing consecutive gains for the last 3 days. With a positive trend and impressive 1-year performance, MarketsMojo has given it a 'Buy' call.

Apollo Hospitals Enterprise Ltd. (Apollo Hospitals) has reached a new milestone as its stock price touched a 52-week high on November 7, 2024. This largecap company in the hospital and healthcare services industry has been gaining momentum in the stock market, with MarketsMOJO giving it a 'Buy' call.

According to MarketsMOJO, Apollo Hospitals has been performing exceptionally well, outperforming its sector by 3.96% today. The stock has also been on a consecutive gain for the last 3 days, with a 6.65% increase in returns during this period. It opened with a gain of 4.09% today and reached an intraday high of Rs 7420, showing high volatility with an intraday volatility of 65.87%.

Apollo Hospitals' stock is currently trading higher than its 5-day, 20-day, 50-day, 100-day, and 200-day moving averages, indicating a positive trend. Its 1-year performance has been impressive, with a 44.13% increase compared to Sensex's 23.16% performance.

This new high for Apollo Hospitals is a testament to the company's strong performance and growth in the healthcare industry. With its consistent gains and positive outlook, it is no surprise that MarketsMOJO has given it a 'Buy' call. Investors can keep an eye on this stock as it continues to make strides in the market.
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