Stocks to buy today: Investec sees around 20% upside in UltraTech Cements; what should investors do now?

Stocks to buy today: Investec sees around 20% upside in UltraTech Cements; what should investors do now?

Several brokerage firms have recently shared positive outlooks on prominent companies, highlighting potential growth opportunities and strategic advancements for the next 12 months. Investec, Jefferies, and Nuvama have maintained ‘Buy’ ratings on UltraTech Cement, Apollo Hospitals, and Crompton Greaves Consumer Electricals Ltd, respectively, signaling strong upside potential for each stock. We have collated a list … Read more

Apollo Hospitals Q3 Results: PAT jumps 52% YoY to Rs 372 crore, revenue rises 14%; Rs 9 per share dividend declared

Apollo Hospitals Q3 Results: PAT jumps 52% YoY to Rs 372 crore, revenue rises 14%; Rs 9 per share dividend declared

Leading hospital chain Apollo Hospitals‘ net profit jumped 52% year-on-year (YoY) to Rs 372 crore for the third quarter ended December 31, 2024, while revenues rose 14% YoY to Rs 5,527 crore. The company’s board has also declared an interim dividend of Rs 9 per share and fixed February 15 as the record date for … Read more

Apollo, Microsoft partner to advance healthcare through AI and digital innovation – ET HealthWorld

Apollo, Microsoft partner to advance healthcare through AI and digital innovation – ET HealthWorld

New Delhi: Apollo Hospitals has partnered with Microsoft to integrate artificial intelligence (AI) and digital transformation into healthcare delivery. This collaboration will focus on co-innovation, research, and developing advanced healthcare solutions, including work on disease progression, genomics, and multi-modal models. Dr. Madhu Sasidhar, President and CEO of Apollo Hospitals, emphasized the transformative potential of the … Read more

Hospital stocks’ growth outlook positive: HSBC

Hospital stocks’ growth outlook positive: HSBC

HSBC initiated coverage on Krishna Institute of Medical Sciences (KIMS) with a ‘buy’ rating while assigning ‘reduce’ rating to Global Health (Medanta) and Narayana Hrudayalaya. The brokerage has a ‘buy’ rating on Apollo Hospitals and Aster Healthcare. “We retain our positive view on the growth outlook for the hospital sector on intact structural drivers: An … Read more

Apollo Hospitals shares rally 3% after reporting Rs 258 crore profit. Should you buy, sell or hold?

Apollo Hospitals shares rally 3% after reporting Rs 258 crore profit. Should you buy, sell or hold?

Shares of Apollo Hospitals rallied 3.4% in Friday’s early trade to the day’s high of Rs 5,955 after the company reported a 77% year-on-year (YoY) jump in its net profit. The company’s revenue from operations in the January-March 2024 period increased 15% YoY to Rs 4,944 crore and the board of directors have also recommended … Read more

Hot Stocks: Brokerage view on HDFC Bank, Apollo Hospitals & Zomato; BofA upgraded M&M

Hot Stocks: Brokerage view on HDFC Bank, Apollo Hospitals & Zomato; BofA upgraded M&M

We have collated a list of recommendations from top brokerage firms from ETNow and other sources: Macquarie on Zomato: Underperform| Target Rs 96Macquarie maintained an underperform rating on Zomato with a target price of Rs 96. The competitive intensity is rising. Multiple incumbent e-commerce platforms have announced renewed ambitions in Qcom. The global investment bank … Read more

Sensex can zoom to 1.5 lakh by 2029 but don’t be a speculator

Sensex can zoom to 1.5 lakh by 2029 but don’t be a speculator

“If trouble comes when you least expect it, then maybe the thing to do is to always expect it.” Cormac McCarthy Considered in a proper historical and comparative perspective, the 30-share Sensex, which breached the 25,000 mark in May 2014 and the 50,000 mark on January 21, 2021, smashed the psychological 75,000 barrier, zooming to … Read more

Health risks for hospitals amid SC diktat, steep valuations

Health risks for hospitals amid SC diktat, steep valuations

Hospital stocks fell up to 11% on Friday, witnessing their second successive decline following the Supreme Court’s diktat on cost rationalisation. The biggest loser on an intraday basis was Max Healthcare Institute which hit the day’s low of Rs 706.45 on the NSE. It was followed by Yatharth Hospital & Trauma Care Services which plunged … Read more

Chart Check: Apollo Hospitals breaks out from a 72-week consolidation range; what should investors do?

Chart Check: Apollo Hospitals breaks out from a 72-week consolidation range; what should investors do?

Apollo Hospitals Enterprises Ltd, part of the hospital sector, breaks out from a 72-week consolidation range and a downward-sloping trendline on the weekly charts has opened room for the stock to head towards a fresh 52-week high. The stock hit a 52-week high of Rs 5362 on 28 July 2023, but it failed to hold … Read more

Hospital stocks hitting record highs on multiple boosters

Hospital stocks hitting record highs on multiple boosters

The stock of Apollo Hospitals made it to the Nifty-50 index last year. In May this year, Max Healthcare was included in the MSCI India Standard Index. Synopsis Fortis Healthcare and Healthcare Global Enterprises hit a record highs on Tuesday, Apollo Hospitals and KIMS did so last week. All leading listed healthcare players have hit … Read more