Apollo Hospital Share Price Drops as Nifty Weakens
January 6, 2023
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Apollo ($NASDAQ:AMEH) Hospital is a leading healthcare provider in India, providing quality healthcare services to patients across the country. The index has been on a downward trajectory in recent weeks, and this has been reflected in Apollo Hospital’s share price. In particular, Apollo Hospital’s share price has been affected by the weakening performance of the Nifty Healthcare index. The weakening stock market and Apollo Hospital’s share price drop have been attributed to several factors.
Overall, the current situation has caused some uncertainty for investors in Apollo Hospital. The company remains a strong and reliable healthcare provider, but investors will be hoping for a recovery in the Nifty Healthcare index and a corresponding rise in Apollo Hospital’s share price.
Price History
Despite the overall media sentiment surrounding Apollo Medical being largely positive, the stock opened at $28.4 and closed at $27.8, down by 3.0% from its previous closing price of 28.7. The weakening of the Nifty index is believed to be the cause of this dip in the stock price. The index has been facing downward pressure due to a variety of factors including global economic uncertainty, high oil prices, and weak earnings growth. Despite this, Apollo Medical’s stock had remained relatively stable until Thursday.
While it’s too early to tell what further impact this could have on the stock, it is likely that the company will be looking for ways to mitigate the fallout from this incident. Overall, Apollo Hospital’s share price has been performing well over the past few months, and it is likely that this recent dip will not have a major impact on the company’s performance in the long run. It remains to be seen how Apollo Medical’s stock will fare in the coming days and weeks, but investors should remain cautious and watchful of any further changes in the stock price. Live Quote…
About the Company
Income Snapshot
Below shows the total revenue, net income and net margin for Apollo Medical. More…
| Total Revenues | Net Income | Net Margin |
| 1.05k | 65.42 | 9.2% |
Cash Flow Snapshot
Below shows the cash from operations, investing and financing for Apollo Medical. More…
| Operations | Investing | Financing |
| 72.11 | 16.54 | -47.75 |
Balance Sheet Snapshot
Below shows the total assets, liabilities and book value per share for Apollo Medical. More…
| Total Assets | Total Liabilities | Book Value Per Share |
| 943.41 | 390.08 | 10.73 |
Key Ratios Snapshot
Some of the financial key ratios for Apollo Medical are shown below. More…
| 3Y Rev Growth | 3Y Operating Profit Growth | Operating Margin |
| 29.0% | 47.5% | 5.8% |
| FCF Margin | ROE | ROA |
| 4.0% | 7.6% | 4.0% |
VI Analysis
Investors interested in companies with high revenue or earnings growth but lower profitability may find APOLLO MEDICAL a good candidate. This company is classified as a ‘cheetah’ according to the VI Star Chart, and has a high health score of 8/10. This indicates it has the ability to sustain future operations in times of crisis, due to its cashflows and debt. APOLLO MEDICAL is strong in terms of growth, but its asset, profitability and dividend scores are medium. The company has a solid financial foundation, however due to its lower profitability it is considered less stable. Despite this, it still has potential for long term success and could be an attractive option for investors. Overall, the company’s fundamentals reflect its long term potential and the VI app has made it easy to analyse the company’s performance. For investors looking to invest in a company with high growth potential but lower stability, APOLLO MEDICAL could be a good choice. More…
VI Peers
The healthcare industry is highly competitive, with Apollo Medical Holdings Inc competing against some of the largest companies in the world.
However, Apollo has been able to maintain a strong position in the industry through its innovative products and services. The company has a strong focus on research and development, which has allowed it to bring new and innovative products to market. Additionally, Apollo has a strong marketing and sales force that has helped it to gain market share.
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Dhanvantri Jeevan Rekha Ltd is a publicly traded company with a market cap of 64.14M as of 2022. The company’s Return on Equity is 3.31%. Dhanvantri Jeevan Rekha Ltd is engaged in the business of providing healthcare services in India. The company offers a wide range of services including medical consultation, diagnostics, surgery, and other treatments.
Summary
Investing in Apollo Medical can be a risky yet rewarding decision. The company has seen its share price drop recently due to a weakening of the Nifty index, but overall, its media sentiment has been mostly positive. On the day the stock price moved down, investors should have done their due diligence and research to make an informed decision. It is important to weigh the potential risks and rewards of investing in Apollo Medical before making any decisions.
Additionally, it is wise to diversify your investments across different sectors and companies to reduce risk and maximize returns.
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