Page 4 - Apollo Hospitals

As Covid cases spike in China, experts ask Indians to stay vigilant

Dr Sangita Reddy, Managing Director, Apollo Hospitals, on Tuesday cautioned the government to act swiftly on policy regarding air travel to and from China

Apollo Hospitals Q2 net falls 20% to Rs 213 cr, income rises to Rs 4,274 cr

Apollo Hospitals on Thursday said its consolidated net profit declined 20 per cent to Rs 213 crore in the second quarter ended September. The healthcare major had reported a net profit of Rs 267 crore in the July-September period of previous fiscal. Total income increased to Rs 4,274 crore in the second quarter of the current fiscal as against Rs 3,723 crore in the year-ago period, Apollo Hospitals said in a regulatory filing. Shares of the company ended 1.8 per cent down at Rs 4,282.25 apiece on the BSE.

The health operator: Meet Sangita Reddy, Joint MD of Apollo Hospitals

Reddy talks to Pavan Lall about collective thinking, the power of the family constitution and why private healthcare is often misunderstood

Stocks to Watch: RIL, ONGC, OMCs, DLF, SpiceJet, Zee, BoB, Apollo Hospitals

Stocks to Watch Today: Shares of oil producers and marketing companies are likely to be in focus following the steep production cut by OPEC+.

Apollo Hospitals acquires 60% stake in Ayurveda hospital chain AyurVAID

Apollo Hospitals Enterprise Ltd on Wednesday said it has acquired a 60 per cent stake in leading classical Ayurveda hospital chain AyurVAID for a consideration of Rs 26.4 crore. The investment will be used to upgrade existing centres, set up new centres, strengthen enterprise platforms, and for digital health initiatives, the healthcare major said in a regulatory filing. Beginning with a revenue estimate of over Rs 15 crore for FY23 for AyurVaid, the target is to achieve Rs 100 crore in the next three years, it added. "We believe there is immense scope to deliver evidence-based integrated medicine, combining allopathic and traditional models, to improve outcomes and quality of life for our patients. This will be a transformational journey, which will lead to the evolution of care models in India and around the world," Apollo Hospitals Enterprise Chairman Prathap C Reddy stated. The Apollo-AyurVAID partnership will be a beacon of hope not just for Indian citizens, but for medical .

Analysts bullish on hospitals on expansion plans, recovery in non-Covid biz

Experts note that the transition of the sector to the asset-light model has significantly enabled it to use fewer funds for setting up hospitals, thus bringing significantly higher returns on equity

Q1 may be a blip for Apollo Hospitals; analysts see 25% upside

Analysts positive on the healthcare major with target prices ranging between Rs 5,000 - Rs 5,250

Jayalalithaa death: AIIMS panel gives clean chit to Apollo Hospital

A report by AlIMS panel of doctors has asserted that the treatment provided to late Tamil Nadu CM Jayalalithaa was as per "correct medical practice and no errors" have been found in the care provided.

Apollo Hospitals net profit dips 35% to Rs 323.78 crore in June quarter

The company's revenue from operations dipped marginally by 1 per cent during the quarter under review to Rs 3,795.60 crore, as against Rs 3,760.21 crore

Apollo Hospitals' net profit falls 35% to Rs 324 crore in June qtr

The company had posted a consolidated net profit of Rs 500.68 crore in the same period last fiscal, Apollo Hospitals Enterprise Ltd said in a regulatory filing.

Sensex up 515 pts, Nifty tops 17,650 on lower-than-expected US inflation

CLOSING BELL: Easing CPI figures reduced the probability of a 75-bps rate hike in the upcoming US FOMC meeting

Apollo Hospitals acquires asset from Nayati Healthcare for Rs 450 crore

The hospital asset was sold by DLF Qutub Enclave Complex Medical Charitable Trust in 2011 to Nayati Healthcare and Research NCR Pvt Ltd

Apollo Hospitals, Singapore firm enhance AI-based tech for cardiac diseases

Move aimed to enable healthcare providers to predict risk of cardiac disease in patients and start intervention early

Adani Group, Apollo in talks to buy a majority stake in Metropolis

Adani and Apollo's deal with Metropolis could be at least worth $1 billion or Rs 7,765 crore, given the market captalisation of the diagnostic chain

Street looking beyond Apollo Hospitals' disappointing Q4 performance

Based on sum-of-the-parts valuation, some analysts have pegged their target price between Rs 4,900-5,000

How Prathap Chandra Reddy propelled Apollo Hospitals into a new orbit

The struggle that he went through in setting up a private health care facility in the India of the 1980s is part of folklore

Marico chief Harsh Mariwala is the EY Entrepreneur of the Year

Mariwala will represent India at the EY World Entrepreneur of the Year Award to be held in June

Blood on the Street: 98% Nifty 500 stocks down this month, shows data

Of the 12 that have risen, only one has provided double-digit gains

Sensex snaps 7-day losing run, soars 1,329 pts; Nifty tops 16650; PSBs zoom

CLOSING BELL: Sectorally, the Nifty Realty and PSB indices logged the sharpest rebound today with 5 per cent gain each on the NSE

Apollo Hospitals to enter Nifty50 index on March 31; stock surges 7%

Apollo Hospitals Enterprises will replace state-owned oil marketing company Indian Oil Corporation in the index