Apollo Hospitals Shows Strong Market Performance Amid Broader Index Decline

Apollo Hospitals Enterprise Ltd., a prominent player in the hospital industry, has shown notable activity today, trading just 1.52% away from its 52-week high of Rs 7634.45. The stock opened at Rs 7520 and has maintained this price throughout the trading session. Over the past two days, Apollo Hospitals has recorded a gain of 0.94%, reflecting a consistent upward trend.
In terms of performance metrics, Apollo Hospitals has outperformed the Sensex over various time frames. The stock has delivered an impressive 11.84% return over the past year, while the Sensex has seen a decline of 1.03%. Additionally, Apollo Hospitals has shown resilience with a 7.80% increase over the last three months, compared to the Sensex's modest gain of 0.97%.

The company's market capitalization stands at Rs 1,07,783.85 crore, classifying it as a large-cap entity. With a P/E ratio of 74.69, Apollo Hospitals is trading above its industry average of 71.93, indicating strong market positioning. Furthermore, the stock is currently trading above its 5-day, 20-day, 50-day, 100-day, and 200-day moving averages, reinforcing its positive momentum in the market.