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Apollo Hospitals’ share is projected to gain 13.2%, with a target price of Rs 8,675, according to SBI Securities, making it an attractive choice for investors. The stock was trading at Rs 7,662 on October 6.
A top healthcare platform with over 10,000 beds across 73 hospitals, Apollo Hospitals is on an expansion drive, planning to add 1,937 beds by FY26. With this , the entity expects to contribute Rs 1,00 crore to FY2 revenue.
Its digital unit, Apollo HealthCo, is emerging as profitable and set for a demerger. With an expected 30% PAT CAGR, it remains a strong healthcare investment.
(AI image, credit: Times of India)
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Source: Times of India
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