Apollo Hospitals Enterprise is a well-established name in the Indian healthcare industry, known for its innovative and quality services.
With the recent release of its Clinical Intelligence Engine application, the company has demonstrated its commitment to staying at the forefront of the industry.
In this article, we will be examining the Apollo Hospitals Enterprise share price target from 2024 to 2030, and discussing whether the company is a good stock to invest in. As an investor, it’s important to stay informed on the current trends and prospects of a company to make informed decisions.
Also, we will take a closer look at the Apollo Hospitals Enterprise share price target, its performance in the past, and future projections, to help you determine whether it is a good investment opportunity.
Stock history of Apollo Hospitals Enterprise
Apollo Hospitals Enterprise is a publicly traded company on the National Stock Exchange of India (NSE) and the Bombay Stock Exchange (BSE). In fact, out of all the hospitals, Apollo Hospitals is the #1 publicly listed hospital as per their market cap.
The company’s shares were first listed on the stock exchanges in 1994 and since then, the stock has had an interesting history.
In the early years, the company’s stock price was relatively stable, with modest growth. However, in the late 1990s, the stock saw a significant increase in its value, due to the growing demand for quality healthcare services in India. This upward trend continued throughout the next decade, with the stock price reaching its all-time high in 2007.
However, the global financial crisis of 2008 had a significant impact on the stock market, including Apollo Hospitals Enterprise. The company’s stock price plummeted, along with other healthcare stocks, as investors became cautious about the prospects of the industry. Despite the challenging market conditions, the company’s management took proactive measures to improve its financial performance, and the stock price gradually regained its value over the next few years.
In recent years, the company has continued to grow and expand its operations, both in India and internationally. This has been reflected in its stock price, which has steadily increased, and as of 2024, the stock is trading at Rs. 6,124.
You can buy Apollo Hospitals Enterprise shares from the following trading platforms:
➤ Zerodha
➤ Upstox
➤ Groww
➤ AngelOne
➤ ICICIDirect
When | Maximum Price | Minimum Price |
March 2024 | 6,613.92 | 5,751.23 |
April 2024 | 6,421.28 | 5,583.72 |
May 2024 | 6,326.39 | 5,501.21 |
June 2024 | 6,554.14 | 5,699.25 |
July 2024 | 6,488.59 | 5,642.26 |
August 2024 | 6,748.14 | 5,867.95 |
September 2024 | 7,018.06 | 6,102.66 |
October 2024 | 6,880.45 | 5,983.00 |
November 2024 | 7,086.87 | 6,162.49 |
December 2024 | 7,264.04 | 6,316.56 |
In 2024, Apollo Hospitals Enterprise share price fluctuated, reaching a peak of ₹7,264.04 in December and a low of ₹5,501.21 in May. The market cap stood at ₹88,058 Cr.
With a current price of ₹6,124, the stock had a high/low range of ₹6,874/₹4,168. Its P/E ratio was 112, and the dividend yield was 0.24%. The book value was ₹453.
When | Maximum Price | Minimum Price |
January 2025 | 7,409.32 | 5,699.48 |
February 2025 | 7,599.30 | 5,845.62 |
March 2025 | 7,895.68 | 6,073.60 |
April 2025 | 7,740.86 | 5,954.51 |
May 2025 | 7,515.40 | 5,781.07 |
June 2025 | 7,853.59 | 6,041.22 |
July 2025 | 7,699.60 | 5,922.77 |
August 2025 | 7,937.73 | 6,105.95 |
September 2025 | 8,215.55 | 6,319.65 |
October 2025 | 8,429.15 | 6,483.97 |
November 2025 | 8,639.88 | 6,646.06 |
December 2025 | 8,855.88 | 6,812.22 |
In 2025, Apollo Hospitals Enterprise share price is anticipated to rise steadily, with a projected maximum of ₹8,855.88 in December and a minimum of ₹5,699.48 in January.
When | Maximum Price | Minimum Price |
January 2026 | 9,121.56 | 7,016.58 |
February 2026 | 9,355.44 | 7,196.49 |
March 2026 | 9,720.31 | 7,477.16 |
April 2026 | 9,529.71 | 7,330.55 |
May 2026 | 9,252.15 | 7,117.04 |
June 2026 | 9,668.49 | 7,437.30 |
July 2026 | 9,478.92 | 7,291.47 |
August 2026 | 9,772.08 | 7,516.98 |
September 2026 | 10,114.10 | 7,780.08 |
October 2026 | 10,377.07 | 7,982.36 |
November 2026 | 10,636.49 | 8,181.92 |
December 2026 | 10,902.41 | 8,386.47 |
In 2026, Apollo Hospitals Enterprise share price is predicted to continue its upward trajectory, with projections reaching a peak of ₹10,902.41 in December and a low of ₹7,016.58 in January.
When | Maximum Price | Minimum Price |
January 2027 | 11,120.45 | 8,554.20 |
February 2027 | 11,405.59 | 8,773.53 |
March 2027 | 11,850.41 | 9,115.70 |
April 2027 | 11,618.05 | 8,936.96 |
May 2027 | 11,279.66 | 8,676.66 |
June 2027 | 11,787.25 | 9,067.11 |
July 2027 | 11,556.12 | 8,889.33 |
August 2027 | 11,913.53 | 9,164.25 |
September 2027 | 12,330.50 | 9,485.00 |
October 2027 | 12,651.10 | 9,731.61 |
November 2027 | 12,967.37 | 9,974.90 |
December 2027 | 13,291.56 | 10,224.27 |
When | Maximum Price | Minimum Price |
January 2028 | 13,557.39 | 10,428.76 |
February 2028 | 13,905.01 | 10,696.16 |
March 2028 | 14,447.31 | 11,113.31 |
April 2028 | 14,164.03 | 10,895.41 |
May 2028 | 13,751.48 | 10,578.06 |
June 2028 | 14,370.30 | 11,054.08 |
July 2028 | 14,088.53 | 10,837.33 |
August 2028 | 14,524.26 | 11,172.51 |
September 2028 | 15,032.61 | 11,563.54 |
October 2028 | 15,423.46 | 11,864.20 |
November 2028 | 15,809.04 | 12,160.80 |
December 2028 | 16,204.27 | 12,464.82 |
When | Maximum Price | Minimum Price |
January 2029 | 16,528.35 | 12,714.12 |
February 2029 | 16,952.16 | 13,040.12 |
March 2029 | 17,613.29 | 13,548.69 |
April 2029 | 17,267.93 | 13,283.02 |
May 2029 | 16,764.98 | 12,896.14 |
June 2029 | 17,519.41 | 13,476.47 |
July 2029 | 17,175.89 | 13,212.22 |
August 2029 | 17,707.10 | 13,620.85 |
September 2029 | 18,326.85 | 14,097.58 |
October 2029 | 18,803.35 | 14,464.11 |
November 2029 | 19,273.43 | 14,825.72 |
December 2029 | 19,755.27 | 15,196.36 |
When | Maximum Price | Minimum Price |
January 2030 | 20,150.37 | 15,500.29 |
February 2030 | 20,667.05 | 15,897.73 |
March 2030 | 21,473.06 | 16,517.74 |
April 2030 | 21,052.02 | 16,193.87 |
May 2030 | 20,438.86 | 15,722.20 |
June 2030 | 21,358.61 | 16,429.70 |
July 2030 | 20,939.81 | 16,107.55 |
August 2030 | 21,587.43 | 16,605.72 |
September 2030 | 22,342.99 | 17,186.92 |
October 2030 | 22,923.91 | 17,633.78 |
November 2030 | 23,497.01 | 18,074.62 |
December 2030 | 24,084.44 | 18,526.49 |
Financial Condition of Apollo Hospitals Enterprise: Last 5 years
Financials | 2019 | 2020 | 2021 | 2022 | 2023 |
---|---|---|---|---|---|
Sales | 9,617 | 11,247 | 10,560 | 14,663 | 16,612 |
Expenses | 8,548 | 9,656 | 9,420 | 12,474 | 14,548 |
Operating Profit | 1,070 | 1,591 | 1,140 | 2,189 | 2,065 |
Other Income | 26 | 222 | 103 | 368 | 75 |
Interest | 327 | 533 | 449 | 379 | 381 |
Depreciation | 396 | 620 | 573 | 601 | 615 |
Profit before tax | 373 | 660 | 221 | 1,578 | 1,144 |
Net Profit | 200 | 432 | 137 | 1,108 | 844 |
EPS (Rs) | 16.96 | 32.70 | 10.46 | 73.42 | 56.97 |
Dividend Payout (%) | 35% | 18% | 29% | 16% | 26% |
FAQS
It is anticipated that Apollo Hospitals Enterprise per share price will increase to ₹7,264.04 by the end of 2024.
The share price target of Apollo Hospitals Enterprise for 2025 might be around Rs. ₹8,855.88. With the growth of the healthcare industry and the company’s constant efforts to improve its services, the Apollo Hospitals Enterprise share price is expected to perform well in 2025.
According to our analysis, the share price of Apollo Hospitals Enterprise can touch 10,000 INR by the end of 2026.
The per-share price of Apollo Hospitals Enterprise might reach around ₹24,084.44 by the end of 2030.
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In conclusion, Apollo Hospitals Enterprise has experienced steady growth in its income, revenue, and profits over the last five years. The company’s PAT and profit growth have been significant, which is a positive indicator for investors.
The price-to-earnings ratio and dividend payout of the company have also shown a decline, making the shares of Apollo Hospitals Enterprise more attractive to potential buyers.
Hence, looking at Apollo Hospital’s financials and the future share price target, we think Apollo shares are a good buy in 2024.
However, it’s important to consider other factors such as market conditions and industry trends before making a final decision. Nevertheless, based on the financial performance of the company over the past five years, it can be inferred that the Apollo Hospitals Enterprise shares have the potential to be a good investment opportunity for the long term.
What did we learn?
- 1 Stock history of Apollo Hospitals Enterprise
- 2 How to buy Apollo Hospitals Enterprise shares?
- 3 Share Price Prediction of Apollo Hospitals Enterprise: 2024 to 2030
- 3.1 Apollo Hospitals Enterprise Share Price Target 2024
- 3.2 Apollo Hospitals Enterprise Share Price Target 2025
- 3.3 Apollo Hospitals Enterprise Share Price Target 2026
- 3.4 Apollo Hospitals Enterprise Share Price Target 2027
- 3.5 Apollo Hospitals Enterprise Share Price Target 2028
- 3.6 Apollo Hospitals Enterprise Share Price Target 2029
- 3.7 Apollo Hospitals Enterprise Share Price Target 2030
- 4 Financial Condition of Apollo Hospitals Enterprise: Last 5 years
- 5 Apollo Hospitals Enterprise share price target by ICICI Securities
- 6 FAQS
- 7 Conclusion: Should you buy Apollo Hospitals Shares in 2024?