Profit

BSE Code: | NSE Code: | ISIN: | Sector:

NSE
1119.90
Change Change %
0.70 0.06%

Updated:18 Sep, 2018, 15:58 PM IST

BSE
1120.00
Change Change %
-1.15 -0.10%

Updated:18 Sep, 2018, 16:01 PM IST

Research Report Detail

Brokerage
Analyst
Report Date Call Price@Call Target Price
Stop Loss
Current Status Time Horizon
Nomura
N/A
14-08-2015 Buy 1367.90 1298.00
N/A
Target Hit Custom
14-08-2016

Nomura Maintains Buy on Apollo Hospitals

Nomura has maintained buy call on Apollo Hospitals for target price of Rs 1,298. The brokerage says that company's Q1FY16 numbers were in-line with expectations. It added that Apollo Hospitals has focussed on improving its case mix and cutting the contribution from subsidised cases. As a result, though volume growth and occupancy were modest, revenue growth was driven by improved average revenue per occupied bed (ARPOB). In Chennai and Hyderabad clusters, ARPOB recorded 13 per cent and 17 per cent growth YoY. Overall, the hospital business saw 12 per cent revenue growth YoY.

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