BSE Code: | NSE Code: | ISIN: | Sector:
Research Report Detail
|Report Date||Call||Price@Call||Target Price
|Current Status||Time Horizon|
|Target Hit|| Long (1Y)
Nomura downgrades Apollo Hospitals Enterprise to reduce
Nomura has downgraded Apollo Hospitals Enterprise to "reduce" from "neutral" earlier with a target price of Rs 1,283. We see near term risks to earnings. Current valuations make risk-reward unfavourable. Stock trades at a premium to regional peers. Stock adequately factoring in long-term growth prospects.