Page 4 - Apollo Hospitals

Apollo Hospitals to add 3,512 beds, invest Rs 6,100 crore in four years

The Mumbai hospital is expected to be operational in four years and is envisioned to redefine holistic health by integrating advanced diagnostic screening

Post solid Q1, Apollo Hospitals on track for all-round growth, say analysts

Shares of Apollo Hospitals Enterprise (AHEL) rose 2.92 per cent to Rs 6,711.95 per share on the BSE in Friday's early morning trade

Apollo Hospitals Enterprise likely to ride on healthy business outlook

APH expects online pharmacy distribution margins to grow to 20 per cent in FY25, from 13.6 per cent currently

Buy ideas for June 11: Apollo Hospitals, Infy, Divi's Labs; key levels here

On the daily chart, Apollo Hospitals has formed a double bottom pattern at the 200-day Exponential Moving Average (DEMA), which is considered a strong support level

Apollo to open hospitals in Mumbai, Bengaluru after Advent investment deal

The Mumbai and Bengaluru plan is part of the long-term strategy by the hospital chain operator to invest around Rs 3,000 crore over a period of three years to add another 2,400 beds

Stocks to watch on May 31: Apollo Hospitals, Muthoot Fin, Welspun Corp

Stocks to watch on May 31: In the fourth quarter of the fiscal year 2023-24 (Q4FY24), Apollo Hospitals Enterprise witnessed a significant spike in profit, soaring by 77.5 per cent year on year (YoY)

Apollo Hospitals Q4 result: PAT up 76% at Rs 254 cr; revenue at Rs 4,944 cr

Apollo Hospitals on Thursday reported a 76 per cent increase in consolidated net profit to Rs 254 crore for the March quarter. The healthcare major had reported a net profit of Rs 144 crore in the January-March period of the 2022-23 fiscal year. Revenue from operations rose to Rs 4,944 crore for the fourth quarter as compared with Rs 4,302 crore in year-ago period, Apollo Hospitals Enterprise said in a regulatory filing. For the year ended March 31, 2024, the company posted a net profit of Rs 899 crore as compared with Rs 819 crore in FY23. Revenue from operations rose to Rs 19,059 crore last fiscal as against Rs 16,612 crore in FY23. "While Apollo leads the paradigm shift in healthcare focused on prevention of diseases, we are committed to advance our research efforts and leverage cutting-edge, new-age technologies like Al and robotics to enhance patient outcomes," Apollo Hospitals Chairman Prathap C Reddy said. Cancer is one of the company's key focus areas given the increasing

Hospital players enhance focus on cancer care amid a surge in cases

By 2025, cancer cases projected to hit 1.57 million, up 13% from 2020

Deal valuations weigh on Apollo Hospitals Enterprise, stock declines

Funds are to be utilised for growth capital in AHL, to pay for the Rs 890 cr of the Rs 1290 cr slump sale consideration owed to AHEL, and acquisition of an 11.2 per cent stake in Keimed for Rs 730 cr

Apollo Hospitals lines up Rs 3,000 crore investment post Advent deal

Advent and Apollo HealthCo have entered into a deal through which Advent will invest Rs 2,475 crore into Apollo HealthCo

Advent to infuse Rs 2,475 crore into Apollo Hospitals' subsidiary

The merger will happen in a phased manner over the next 24-30 months. The combined entity is expected to deliver Rs 25,000 crore of revenue in three years with 7-8 per cent EBITDA

PE firm Advent International to invest $297 mn in Apollo Hospitals' unit

Advent will invest in compulsory convertible instruments in two tranches for a 12.1% stake in the merged pharmacy business entity, which will have an enterprise value of Rs 22,481 crore

'Significant technological investment needed for cancer treatment in India'

Sasidhar, the new president and chief executive officer of Apollo's hospital division, talks about future expansion, medical tourism, and growth roadmap

Significant growth in non-communicable diseases across India: Apollo report

A latest report on the health scenario in India on Friday indicated a significant growth in non-communicable diseases (NCDs) across the nation and said the country was witnessing fastest rise in cancer cases. On average, atleast one in three Indians today were pre-diabetic, two in three were pre-hypertensive and one in 10 were depressed, the 4th edition of Apollo Hospitals' flagship Health of Nation Report on World Health Day 2024, said. The report sheds light on the concerning rise of NCDs in India, including cancer, diabetes, hypertension, cardiovascular diseases, and mental health issues, all of which significantly impact the nation's overall health, the hospital said in a release here. Particularly alarming was the escalating incidence of cancer in India compared to global rates, making India the "cancer capital of the world," it said. The annual report predicted a potential surge in healthcare burdens due to conditions such as pre-diabetes, pre-hypertension, and mental health

A malignant concern: India is fast emerging world's cancer capital

The report sheds light on the concerning rise of non-communicable diseases (NCDs) in India, including cancer, diabetes, hypertension, cardiovascular diseases, and mental health issues

Madhu Sasidhar appointed as president & CEO of Apollo's hospital division

Prior to joining Apollo, Sasidhar held various roles at Cleveland Clinic, including President of Cleveland Clinic Tradition Hospital

Apollo Hospitals Group launches emergency medical centre in Ayodhya

The Apollo Hospitals Group on Monday announced the launch of a state-of-the-art multi-specialty emergency medical centre at the Shri Ram Janmabhoomi pilgrimage site in Ayodhya. Talking about the advanced services of the centre, Apollo Hospitals Group Chairman Dr Pratap C. Reddy said that a wide range of better medical services will be available in the centre. These range from basic first aid to medical emergency services, including heart attack and stroke, he said, according to a statement issued by the hospital. Dr Reddy also said that the centre will also have 24x7 critical care support and ICU backup for both adults and children. The construction work of this hospital will start soon. According to the statement, online super specialty consultation will be available at the centre through the latest telemedicine technology. Through this, the patient's access to specialists will become very easy. The Emergency Medical Center will be constructed in an area of approximately 5,000

Apollo Hospitals introduces ZAP-X radiosurgery platform for brain tumors

Traditional brain surgeries last three to four hours, ZAP-X completes treatment within a single session lasting no more than 30 minutes, John R Adler, founder and CEO of Zap Surgical said

Max, Fortis, Apollo: Why are hospital stocks bleeding in a firm market?

Nifty Healthcare has outperformed Nifty50 and some individual healthcare stocks have doubled investor wealth in FY24

Max Health, Fortis, Apollo slump up to 9% as SC warns slapping CGHS rates

Medanta, Rainbow Children Medicare, Shalby, Apollo Hospitals, Fortis Healthcare and newly listed GPT Healthcare fell 2-8 per cent in intra-day trade on BSE