Apollo Hospitals Enterprise Share Price Target 2024 to 2030: Can APOLLOHOSP touch 10,000 INR?

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.

How to buy Apollo Hospitals Enterprise shares?

You can buy Apollo Hospitals Enterprise shares from the following trading platforms:

➤ Zerodha

➤ Upstox

➤ Groww

➤ AngelOne

➤ ICICIDirect

Share Price Prediction of Apollo Hospitals Enterprise: 2024 to 2030

Apollo Hospitals Enterprise Share Price Target 2024

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.

Apollo Hospitals Enterprise Share Price Target 2025

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.

Apollo Hospitals Enterprise Share Price Target 2026

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.

Apollo Hospitals Enterprise Share Price Target 2027

Apollo Hospitals Enterprise Share Price Target 2028

Apollo Hospitals Enterprise Share Price Target 2029

Apollo Hospitals Enterprise Share Price Target 2030

Financial Condition of Apollo Hospitals Enterprise: Last 5 years

Apollo Hospitals Enterprise share price target by ICICI Securities 

FAQS

Will the share price of Apollo Hospitals Enterprise increase in 2024?

It is anticipated that Apollo Hospitals Enterprise per share price will increase to ₹7,264.04 by the end of 2024.

What is the share price target of Apollo Hospitals Enterprise for 2025?

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.

Can Apollo Hospital’s share price touch 10,000 INR?

According to our analysis, the share price of Apollo Hospitals Enterprise can touch 10,000 INR by the end of 2026. 

What is the share price target of Apollo Hospitals Enterprise for 2030?

The per-share price of Apollo Hospitals Enterprise might reach around ₹24,084.44 by the end of 2030.

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Conclusion: Should you buy Apollo Hospitals Shares in 2024?

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.

Author: Neha BhardwajHello, I am Neha. I am currently pursuing B.Sc (Hons.) Computer Science from Hansraj College, University of Delhi. I am skilled in web content writing and my interest lies in the field of Data Analytics, Finance and Marketing.