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 for the period of 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 future 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 Bombay Stock Exchange (BSE). Infact out of all the hospitals, Apollo Hospitals is the #1 publicly listed hospitals as per their marketcap.

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 future 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. 4,408.

Latest news about Apollo Hospitals Enterprise

➤ ICICI Direct recently gave a buy rating to Apollo Hospitals with a price target of Rs. 5460 

➤ Apollo Hospitals considers buying a controlling interest in a chain of diagnostic labs. 

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: 2023 to 2030

Share Price Target 2023 of Apollo Hospitals Enterprise

The Apollo Hospitals Enterprise share price is expected to show a bullish trend in 2023, with a maximum price prediction of ₹5,913.98 in December 2023, and a minimum price prediction of ₹3,331.15 in May 2023. Apollo Hospital’s share price is expected to experience an uptrend from July, with an average growth percentage of approximately 34% throughout the year.

The predictions show a consistent increase in the share price, with fluctuations in the first half of the year and a steady increase in the latter half. The months of July and September 2023 are expected to be particularly positive, with the maximum price predictions reaching ₹4,800.31 and ₹5,040.33, respectively. Having a Price-to-Earning ratio of 82.71, a Price-to-Book ratio of 10.72, Earning per Share of 53.18 and 52-week high and 52-week low at 4903.65 and 3361.55 respectively, Apollo Hospitals is expected to grow within a few months.

In my opinion, the outlook for the Apollo Hospitals Enterprise share price in 2023 is positive, with a bullish trend and significant growth potential.

Share Price Target 2024 of Apollo Hospitals Enterprise

The maximum price prediction for 2024 is ₹8,279.84 in December 2024, while the minimum price prediction is ₹4,290.68 in May 2024. 

Apollo hospitals share price 2024 is expected to show a consistent growth pattern throughout the year, with an average growth percentage of around 32.99%.The predictions show that the first half of the year may experience fluctuations in the share price, with a dip in May 2024.

However, the latter half of the 2024 is expected to show a steady increase, with the months of October and November 2024 predicted to be particularly positive, with maximum price predictions of ₹7,730.94 and ₹8,117.49, respectively.

Apollo Hospitals Enterprise Share Price Target 2025

The Apollo Hospitals Enterprise share is expected to show bullish growth in 2025. The share price is expected to see a maximum target price of ₹10,043.57 in December 2025 and a minimum price target of ₹6,105.72 in the July 2025. 

The share price is predicted to rise throughout the year with a growth percentage ranging from 9% to 21%. The uptrend is expected to start from January 2025 and continue till December 2025, thereby providing investors with a favorable return on their investment. 

Apollo Hospitals Enterprise Share Price Prediction 2026-2030

The Apollo Hospitals share price forecast for 2026-2030 for  presents a mixed picture. The company’s maximum share price target for 2023 is ₹5,913.98, with a minimum price target of ₹3,331.15. The following year, 2024, the maximum share price target is ₹8,279.84, while the minimum is ₹4,788.65. 

In 2025, the maximum share price is expected to reach ₹10,043.57, with a minimum of ₹6,411.01. However, the next year, 2026, is expected to see a decline, with a maximum share price of ₹7,030.50 and a minimum of ₹4,921.35. 

In 2027, the maximum share price target is ₹5,975.92, while the minimum is ₹4,183.15. 2028 is expected to be a bullish year for the company, with the maximum share price target of ₹10,756.66 and a minimum of ₹7,529.67. 

Apollo Hospital’s share price is expected to reach new heights in 2029, with a maximum share price target of ₹22,095.86 and a minimum of ₹15,467.10. The following year, 2030, is expected to see a maximum share price of ₹24,606.75, with a minimum of ₹17,224.72.

Financial Condition of Apollo Hospitals Enterprise: Last 5 years

Apollo Hospitals Enterprise has seen significant growth over the last five years as reflected in their financial bank statement. Their sales have increased from ₹8,243.47 in March 2018 to ₹14,662.60 in March 2022, resulting in a revenue growth of 77.97%. This increase in sales has also resulted in a profit growth with the net profit rising from ₹117.42 in March 2018 to ₹1,055.60 in March 2022, a growth of 800.77%. 

The company’s profit after tax (PAT) also saw a substantial increase, reflecting the company’s financial health. The earnings per share (EPS) have increased from ₹8.44 in March 2018 to ₹53.18 in April 2023.

The price-to-earnings (P/E) ratio also decreased over the years, indicating that the company is becoming more attractive to investors. The operating profit margin (OPM) of the company also saw a positive growth trend, increasing from 9.72% in March 2018 to 14.93% in March 2022. The maximum dividend payout was 59.24% in March 2018, while the minimum was 16.01% in March 2022. 

In conclusion, Apollo Hospitals Enterprise has shown a consistent upward trend in terms of its revenue and profit growth, and has become a more attractive investment opportunity over the last five years.

Apollo Hospitals Enterprise share price target by Experts

Apollo Hospitals Enterprise share price target by Edelweiss

Edelweiss has issued a buy recommendation on Apollo Hospitals Enterprise with a projected value of Rs 5200.

Apollo Hospitals Enterprise share price target by ICICI Securities

ICICI Securities has issued a recommendation to buy Apollo Hospitals Enterprise, listed on the National Stock Exchange, with a target price of Rs 4736.

Apollo Hospitals Enterprise share price target by ICICI Direct 

ICICI Direct recently suggested to buy Apollo Hospitals with a price target of Rs. 5460

Apollo Hospitals Enterprise share price target by Kotak Institutional Equities

Kotak Institutional Equities gave a buying recommendation to Apollo Hospital with a price target of Rs.5470

Apollo Hospitals Enterprise share price target by Motilal Oswal 

Motilal Oswal gave a buy rating to Apollo Hospital with a price projection of Rs.5600

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 ₹5,913.98 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. 10,043.57. 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 Hospitals 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 2025. 

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

The per share price of Apollo Hospitals Enterprise might reach around ₹24,606 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 a 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 the 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.

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.