Stocks to Watch on Monday – Apollo Hospitals – Restructuring to unlock value; company gives positive guidance, brokerages increase targets
Apollo Hospitals Enterprise Limited is planning to create a separate vertical of its online, offline and pharmacy business, Zee Business' Devanshi Asher says in this report. This could act as a trigger for the value unlocking and likely benefit the shareholders. Stocks ended at Rs 3431.50 on the NSE, up by over 7 per cent on Friday from the previous closing price
In its commentary, the company management has said that the overall revenues would go up to Rs 17,000 cr over the next five years