Apollo Hospitals Shows Resilience Amid Recent Stock Market Fluctuations

Apollo Hospitals Enterprise Ltd., a prominent player in the hospital industry, is currently experiencing notable activity in the stock market. With a market capitalization of Rs 1,03,243.14 crore, the company has shown a one-year performance of 13.08%, significantly outperforming the Sensex, which recorded a mere 2.20% during the same period.
Today, the stock opened at Rs 7188.15 and has maintained this price throughout the trading session. However, it has faced challenges recently, with a consecutive decline over the past five days, resulting in a total drop of 5.42%. In terms of moving averages, the stock is currently above the 50-day, 100-day, and 200-day averages, yet it remains below the 5-day and 20-day averages.

Despite a slight decrease of 0.30% today, Apollo Hospitals has demonstrated resilience over the longer term, with impressive five-year and ten-year performances of 398.05% and 432.71%, respectively. The company's P/E ratio stands at 71.62, compared to the industry average of 57.72, indicating a strong market position within the healthcare sector.