Page 7 - Apollo Hospitals

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

Stocks to Watch: Gail, Apollo Hospitals, Cadila, IOC, UPL, Saregama, KSB

Apollo Hospitals is likely to be in limelight as the stock enters Nifty 50. It will be replacing IOC with effect from March 31.

IOC to be dropped from Nifty 50 from Mar 31; Apollo Hospitals to move in

Apollo Hospitals Enterprise Ltd will replace Indian Oil Corporation Ltd from National Stock Exchange's benchmark index Nifty 50 from March 31. The Index Maintenance Sub-Committee Equity (IMSC) of NSE Indices Limited has decided to make it a part of its periodic review, according to a press release on Thursday. Apart from Nifty 50, changes have been announced in several indices including Nifty Next 50. One 97 Communication, owner of Paytm; FSN E-Commerce Ventures, which runs online marketplace Nykaa, Zomato Ltd, Indian Oil Corporation Ltd, MindTree Ltd and SRF Ltd will find a place in Nifty Next 50. Apollo Hospitals Enterprise, Aurobindo Pharma, Hindustan Petroleum Corporation Ltd, Indraprastha Gas Ltd, Jindal Steel & Power Ltd and Yes Bank will be excluded from Nifty Next 50. These change will become effective from March 31 (close of March 30). Besides, NSE Indices has revised the eligibility criteria for inclusion of stocks in Nifty equity indices. The minimum listing history .

Apollo Hospitals inks pact for tertiary care hospital in Uzbekistan

The Apollo Hospitals inked a pact with Marafon Group for setting up a first-of-its kind tertiary care hospital in Uzbekistan, the leading corporate hospital said on Thursday. The partnership with Apollo Hospitals will provide quality healthcare for over 60 million people of Uzbekistan and bordering regions of Kyrgyzstan, Kazakhstan and Tajikistan, the private healthcare services provider, which is expanding its presence to the Central Asian country, said. Uzbekistan is known for its mosques, mausoleums and other heritage sites. Announcing the partnership, Dr Prathap C Reddy, founder & chairman, Apollo Hospitals India, said the group hopes to touch a billion lives across the globe and also ensure the Apollo clinical excellence globally. "We take immense pride in joining hands with Marafon Group to provide tertiary care services to over 60 million people of Uzbekistan and its neighbouring countries thus improving access to quality healthcare," he said. "We stand strong together at .