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Apollo to Fortis: Hospital stocks among safest bets in the healthcare space

The largest listed player in this space, Apollo Hospitals, has been a standout performer with growth being led by both hospitals and pharmacy businesses.

Ujjval Jauhari 

Hospitals stood out, even as other segments in the health care space have had a sketchy run on the bourses. Apollo Hospitals, Fortis Healthcare, Narayana Hrudayalaya, and Aster DM have seen robust gains over the past few months and are trading at their near-term highs.

In the current environment of volatility because of the risk of a global slowdown triggered by the coronavirus outbreak, hospital stocks remain a safer bet, with growth momentum expected to sustain and profits likely to improve. Analysts at Axis Capital believe hospitals now are better prepared to alleviate negative ...

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First Published: Sun, February 23 2020. 21:51 IST
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