Apollo Hospitals Stock Nears 52-Week High Amid Strong Long-Term Growth Trends

Apollo Hospitals Enterprise Ltd., a prominent player in the hospital industry, has shown significant resilience in its stock performance. Currently, the stock is trading just 1.99% away from its 52-week high of Rs 7981.2, reflecting a strong market position. Today, the stock opened at Rs 7825.5 and has maintained this level throughout the trading session.
Despite a slight underperformance compared to its sector by 0.41%, Apollo Hospitals has demonstrated robust long-term growth. Over the past year, the stock has appreciated by 13.37%, significantly outperforming the Sensex, which has seen a decline of 0.62%. In the short term, the stock has also shown positive momentum, with a 1.65% increase over the past week and a notable 10.92% rise in the last month.

With a market capitalization of Rs 1,12,965.13 crore and a P/E ratio of 71.64, Apollo Hospitals continues to maintain a strong financial profile. The stock is currently trading above its 5-day, 20-day, 50-day, 100-day, and 200-day moving averages, indicating a solid upward trend in its performance metrics.