Add Apollo Hospitals Enterprise, target price Rs 6800: ICICI Securities

ICICI Securities has add call on Apollo Hospitals Enterprise Ltd. with a target price of Rs 6800. The current market price of Apollo Hospitals Enterprise is Rs 6051.7.

Apollo Hospitals Enterprise Ltd., incorporated in the year 1979, is a Large Cap company (having a market cap of Rs 87239.18 Crore) operating in Hospitals & Allied Services sector.

Apollo Hospitals Enterprise Ltd. key Products/Revenue Segments include HealthCare Services and Other Operating Revenue for the year ending 31-Mar-2022.



Financials
For the quarter ended 31-12-2023, the company has reported a Consolidated Total Income of Rs 4878.40 Crore, up .19 % from last quarter Total Income of Rs 4869.10 Crore and up 13.48 % from last year same quarter Total Income of Rs 4298.94 Crore. Company has reported net profit after tax of Rs 253.00 Crore in latest quarter.


Promoter/FII Holdings
Promoters held 29.33 per cent stake in the company as of 31-Dec-2023, while FIIs owned 46.25 per cent, DIIs 18.87 per cent.