Apollo Hospitals Enterprise Ltd (APOLLOHOSP)

Apollo HealthCo Receives Funds Infusion from Advent International - 30 Apr, 2024

PE firm Advent International is set to acquire a 12% stake in Apollo HealthCo, valued at Rs 14,478 crore, which is 17-25% less than estimated. The move has raised concerns about valuations for retail pharmacy and distribution businesses.

Apollo Hospitals Stock Falls Over Lower Valuation - 29 Apr, 2024

Apollo Hospitals Enterprise's stock fell over 8% in intra-day trading on April 29th after announcing plans to raise Rs 2,475 crore through Advent International for its unit Apollo HealthCo. The combined entity is valued at an enterprise value of Rs 22,481 Crores ($3 billion). While there are multiple views on the valuations of Keimed, most brokerages had pegged higher valuations for AHL. Manipal Hospitals' acquisition of Medica Synergie makes it India's largest hospital chain.

Advent International to Invest Rs 2,475 Crore in Apollo HealthCo - 28 Apr, 2024

Apollo Hospitals Enterprise Ltd will receive Rs 890 crore from Advent International's investment of Rs 2,475 crore in its subsidiary, Apollo HealthCo. The funds will be used for organic and inorganic expansion, with investments of around Rs 3,000 crore expected over the next three years. Advent will secure a 12.1% stake in the merged entity, valuing it at an enterprise value of Rs 22,481 crore.

Apollo Hospitals' Subsidiaries Expand Diagnostic Capabilities and Raise Funds - 27 Apr, 2024

Apollo Health & Lifestyle plans to expand its diagnostic capabilities, invest in genomics and preventive care. Apollo 24|7 is set to raise Rs 2,475 crore ($339 million) from Advent International and integrate Keimed Private Limited over the next two years.

Apollo Hospitals' Unit Receives Investment from Advent International - 26 Apr, 2024

Private equity firm Advent International is set to invest Rs 2,475 crore in Apollo HealthCo, a subsidiary of Apollo Hospitals Enterprise Ltd. The investment will be made through compulsory convertible instruments over two tranches and will secure a 12.1% stake in the merged entity. Additionally, Keimed Pvt Ltd and Apollo 24/7 will merge under Apollo Healthco. Parent company Apollo Hospitals Enterprise will continue to own 59.2% stake in Apollo Healthco.

BJP Candidate Declares Shares Worth Rs 973.22 Crore in Apollo Hospitals - 23 Apr, 2024

Vishweshwar Reddy, BJP candidate from Chevella Lok Sabha constituency in Telangana, declared shares worth Rs 973.22 crore in Apollo Hospital Enterprises Limited as part of his movable assets worth Rs 1178.72 crore. His wife K Sangita Reddy, Joint Managing Director of Apollo Hospital, owns movable assets worth Rs 3,203 crore including shares in Apollo Hospitals to the tune of Rs 1500.85 crore and shares in Apollo Sindoori Hotels and other listed and unlisted companies.

Apollo Hospitals Enterprise Ltd offers potential targets of 6615/6721 - 12 Apr, 2024

Strategic trades suggest buying opportunities for bullish sentiments for Apollo Hospitals Enterprise Ltd, with potential targets of 6615/6721 and aggressive targets at 6875 under an intermonth strategy.

Apollo Hospitals Expected to Report 45.4% YoY Rise in Q4 Net Profit - 09 Apr, 2024

Apollo Hospitals is expected to report a 45.4% YoY rise in net profit for Q4FY24, with sales and EBITDA predicted to grow by 14% and 25% YoY respectively. Improved operational efficiencies and increased footfalls are expected to drive revenue and EBITDA growth of 15% and 37% YoY. MOSL suggests monitoring GMV outlook in Apollo 24/7 and updates on capacity expansions at Pune, Hyderabad, Kolkata, and Bengaluru.

Apollo Hospitals Enterprise Shows Positive Trends in Returns on Capital - 08 Apr, 2024

Apollo Hospitals Enterprise has shown a substantial increase in returns on capital over the last five years, reaching 14%. The company is effectively making more money per dollar of capital used and has increased its amount of capital by 65%, inspiring confidence in its ability to profitably reinvest capital.

Apollo Hospitals Receives Buy Call from BNP Paribas Securities - 05 Apr, 2024

BNP Paribas Securities has issued a buy call on Apollo Hospitals Enterprise with a target price of Rs 6754. Additionally, the company and its promoters hold a 25% stake in IMCL, which has strong ties to AHEL.

Zydus-Reliance Deal May Impact Apollo's Bed Capacity - 02 Apr, 2024

Apollo Hospitals may lose its position as India's largest hospital chain in terms of total bed capacity if the proposed Zydus-Reliance deal goes through. Meanwhile, VeerHealth Care has secured a significant order from Apollo Healthco Limited, and Vinayak Chatterjee has ceased to be an Independent Director of Apollo Hospitals Enterprise.