Apollo Hospitals Faces Continued Stock Decline Amid Broader Healthcare Sector Challenges

Jan 13 2025 12:45 PM IST
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Apollo Hospitals Enterprise Ltd. experienced a decline on January 13, 2025, continuing a downward trend over the past five days. The stock remains a significant player in the Hospital & Healthcare Services sector, which has also faced losses, while its performance shows mixed signals relative to various moving averages.
Apollo Hospitals Enterprise Ltd. has seen a decline of 3.52% on January 13, 2025, marking a continuation of its downward trend over the past five days, during which the stock has decreased by 8.3%. The stock opened with a gap down of 2.01% and reached an intraday low of Rs 6810.05, reflecting a decrease of 3.31%.

Despite these recent losses, Apollo Hospitals remains a key player in the Hospital & Healthcare Services sector, which has also experienced a decline of 2.79%. Currently, the stock is trading above its 200-day moving average but below its 5-day, 20-day, 50-day, and 100-day moving averages, indicating a mixed performance in the short term.

In the context of broader market trends, Apollo Hospitals' one-day decline of 3.64% contrasts with the Sensex's fall of 0.80%. Over the past month, the stock has decreased by 6.64%, slightly more than the Sensex's decline of 6.55%. Apollo Hospitals has been part of the MOJO Stocks on MarketsMOJO since August 23, 2024.
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