Apollo Hospitals Enterprise Share Price Target 2023 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 2023 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.

Q2 FY24 Performance Snapshot for Apollo Hospitals Enterprise

  • Revenue for Q2 FY24: Increased by 14.02% YoY.
  • Profit for Q2 FY24: Rose by 14.17% YoY.
  • Sequential Growth: Q2 revenue up by 9.71%, profit surged by 39.8% compared to the previous quarter.
  • Expenses: Selling, general & administrative expenses rose by 8.84% q-o-q and increased by 19.09% Y-o-Y.
  • Operating Income: Up by 36.22% q-o-q and increased by 13.56% Y-o-Y.
  • Earnings Per Share (EPS) for Q2 FY24: ₹16.11, marking a 13.55% Y-o-Y increase.
  • Market Performance: 8.4% return in the last 1 week, 15.28% return in the last 6 months, and 18.31% YTD return.
  • Market Cap: ₹76171.36 Cr, with 52wk high/low of ₹5364 & ₹4123 respectively.
  • Analyst Recommendations: 2 Sell Ratings, 1 Hold rating, 12 Buy ratings, and 9 Strong Buy ratings as of 11 Nov, 2023. Consensus: Strong Buy recommendation.

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 2023, the stock is trading at Rs. 5,221.

How to buy Apollo Hospitals Enterprise shares?

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

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➤ Zerodha

➤ Upstox

➤ Groww

➤ AngelOne

➤ ICICIDirect

Share Price Prediction of Apollo Hospitals Enterprise: 2023 to 2030

Share Price Target 2023 of Apollo Hospitals Enterprise

When Maximum Price Minimum Price
November 2023 ₹5,638.68 ₹4,903.20
December 2023 ₹5,824.76 ₹5,065.01

Based on the projected share price targets for November and December 2023, Apollo Hospitals Enterprise’s stock is exhibiting a promising trajectory. With a maximum anticipated price of ₹5,824.76 and a minimum of ₹4,903.20 in November, followed by a maximum of ₹5,824.76 and a minimum of ₹5,065.01 in December, there’s a positive growth outlook.

As of November 13th, 2023, the current price stands at ₹5,221. The stock’s P/E ratio at 108 indicates the market’s high expectations for future earnings. Furthermore, with a market cap of ₹75,066 Cr., the company shows substantial potential for increased valuation and continued investor confidence in its performance.

Share Price Target 2024 of Apollo Hospitals Enterprise

When Maximum Price Minimum Price
January 2024 ₹5,943.63 ₹5,168.37
February 2024 ₹6,064.93 ₹5,273.85
March 2024 ₹6,188.70 ₹5,381.48
April 2024 ₹6,008.45 ₹5,224.74
May 2024 ₹5,919.65 ₹5,147.52
June 2024 ₹6,132.76 ₹5,332.84
July 2024 ₹6,071.43 ₹5,279.51
August 2024 ₹6,314.29 ₹5,490.69
September 2024 ₹6,566.86 ₹5,710.31
October 2024 ₹6,438.10 ₹5,598.35
November 2024 ₹6,631.24 ₹5,766.30
December 2024 ₹6,797.02 ₹5,910.46

The projected share price targets for Apollo Hospitals Enterprise in 2024 showcase a gradual yet consistent trajectory of growth. Commencing the year in January at ₹5,943.63 and reaching a peak of ₹6,797.02 in December, the forecast suggests a progressive increase. While the minimum values start at ₹5,168.37 in January and hit a low of ₹5,147.52 in May, these fluctuations indicate some variance in the first half of the year.

Despite this, the latter part from August to December displays a more stabilized climb, with an anticipated high in December. Particularly, November and December show promising peaks, reaching ₹6,631.24 and ₹6,797.02, respectively. Overall, the trend suggests a steady rise throughout the year, with a potential for robust growth in the latter months, indicating a positive outlook for investors.

Apollo Hospitals Enterprise Share Price Target 2025

When Maximum Price Minimum Price
January 2025 ₹6,932.96 ₹5,333.05
February 2025 ₹7,110.73 ₹5,469.79
March 2025 ₹7,388.05 ₹5,683.12
April 2025 ₹7,243.19 ₹5,571.68
May 2025 ₹7,032.22 ₹5,409.40
June 2025 ₹7,348.67 ₹5,652.82
July 2025 ₹7,204.58 ₹5,541.98
August 2025 ₹7,427.40 ₹5,713.39
September 2025 ₹7,687.36 ₹5,913.35
October 2025 ₹7,887.23 ₹6,067.10
November 2025 ₹8,084.41 ₹6,218.78
December 2025 ₹8,286.52 ₹6,374.25

Apollo Hospitals Enterprise’s projected share prices for 2025 reveal an upward trajectory throughout the year. Beginning the year with a range of ₹5,333.05 to ₹6,932.96 in January, the prices steadily climbed. The forecast indicates a consistent monthly increase, with fluctuations, showcasing a potential low of ₹5,409.40 in May and highs of ₹8,286.52 by December. This gradual climb suggests stability and a strong growth pattern.

The latter half of the year, particularly from September to December, exhibits more accelerated growth, with the maximum price predictions reaching remarkable highs, culminating in an anticipated peak of ₹8,286.52 in December. This data implies a promising outlook for investors, with the potential for significant appreciation in the company’s stock value throughout 2025.

Apollo Hospitals Enterprise Share Price Prediction 2026-2030

Year Maximum Price Minimum Price
2026 ₹8,700.85 ₹6,090.59
2027 ₹9,570.93 ₹6,699.65
2028 ₹13,399.31 ₹6,699.65
2029 ₹11,601.13 ₹5,800.57
2030 ₹15,081.47 ₹10,557.03

Apollo Hospitals Enterprise’s forecasted share prices from 2026 to 2030 reveal a progressively bullish trajectory. Starting in 2026 with an expected range of ₹6,090.59 to ₹8,700.85, the projections indicate a steady increase in subsequent years. 2027 presents a growth to a range between ₹6,699.65 and ₹9,570.93. A substantial surge is predicted for 2028, with a minimum and maximum projected at ₹6,699.65 and ₹13,399.31, respectively, signifying a significant leap in potential value.

The following years, 2029 and 2030, continue this upward trend, with estimates ranging from ₹5,800.57 to ₹11,601.13 in 2029 and ₹10,557.03 to ₹15,081.47 in 2030. This data suggests a robust and consistent growth pattern, portraying a promising outlook for investors, particularly indicating a remarkable potential for appreciation in the company’s stock value over the coming years.

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%

Apollo Hospitals Enterprise exhibited notable financial growth over the last five years, showcasing an upward trend in key financial metrics. Sales surged from ₹9,617 Crores in 2019 to ₹16,612 Crores in 2023, indicating a robust revenue increase. Similarly, expenses and operating profits mirrored this growth, with expenses climbing from ₹8,548 Crores to ₹14,548 Crores, while operating profit rose from ₹1,070 Crores to ₹2,065 Crores over the same period. The company’s ability to generate additional income, evident in the other income category, displayed fluctuations but maintained an overall positive trend.

Notably, net profit and earnings per share (EPS) showed significant growth, reflecting a healthy financial performance. The consistency in managing costs and fostering revenue growth has allowed Apollo Hospitals Enterprise to maintain a solid financial stance, despite variations in certain income-generating aspects like other income and interest over these years.

Apollo Hospitals Enterprise share price target by Prabhudas Lilladher

Prabhudas Lilladher has expressed a positive outlook on Apollo Hospitals Enterprise, issuing a buy recommendation for the stock in their research report dated August 12, 2023, setting a target price of Rs 5800.

FAQS

Will the share price of Apollo Hospitals Enterprise increase in 2023?

It is anticipated that Apollo Hospitals Enterprise per share price will increase to₹5,824.76 by the end of 2023.

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. ₹8,286.52. 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 2027. 

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

The per-share price of Apollo Hospitals Enterprise might reach around ₹15,081.47 by the end of 2030.

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Conclusion: Should you buy Apollo Hospitals Shares in 2023?

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 2023.

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.

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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.

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