Apollo Hospitals Demonstrates Strong Market Resilience Amid Healthcare Sector Growth

Apollo Hospitals Enterprise Ltd., a prominent player in the hospital industry, has shown notable activity today, reflecting its strong market position. The stock is currently trading just 4.73% away from its 52-week high of Rs 7634.45, indicating robust performance in the healthcare sector. Today, it outperformed its sector by 0.45%, continuing a positive trend with a 1.22% gain over the last two days.
The stock opened at Rs 7289.9 and has maintained this price level throughout the trading session. In terms of moving averages, Apollo Hospitals is performing well, sitting above the 20-day, 50-day, 100-day, and 200-day moving averages, although it is slightly below the 5-day moving average.

With a market capitalization of Rs 1,04,020.29 crore, Apollo Hospitals boasts a P/E ratio of 71.76, significantly higher than the industry average of 58.33. Over the past year, the stock has delivered a commendable return of 12.40%, outperforming the Sensex, which has seen a return of 2.14%. This performance underscores Apollo Hospitals' strong position in the market and its resilience in the healthcare sector.