Apollo Hospitals Shows Strong Market Performance Amid Healthcare Sector Trends

Apollo Hospitals Enterprise Ltd., a prominent player in the hospital and healthcare services sector, has shown notable activity today, aligning with sector performance. The stock has experienced a consecutive gain over the past three days, reflecting a 1.25% increase during this period. Currently, it is trading at Rs 6,996.4, maintaining this price level throughout the day. In terms of moving averages, Apollo Hospitals is performing well, trading above its 5-day, 20-day, 50-day, 100-day, and 200-day moving averages. The company boasts a market capitalization of Rs 1,00,218.62 crore, categorizing it as a large-cap entity. Its price-to-earnings (P/E) ratio stands at 69.55, notably higher than the industry average of 55.20. Over the past year, Apollo Hospitals has delivered a robust performance of 12.33%, significantly outperforming the Sensex, which recorded a 5.11% increase. The stock has also shown resilience in shorter time frames, with a 0.41% gain over the past week and a 14.22% rise over the last three months, further highlighting its strong position in the market.