Apollo Hospitals Gains 13% Today

Apollo Hospitals- Higher than expected Q1 2021 numbers with revenues standing at Rs 3,760 cr and net profit of Rs 482 cr resulting in analysts raising their target estimates.

Apollo Hospitals has rallied nearly 159% as compared to 46% for the Nifty500, in the last twelve months. It has a Relative Strength Rating of 69 which is a respectable rating, but needs improvement. The EPS Rank of 47 is poor and needs improvement.

The stock has an Accumulation/Distribution Rating of A. This represents heavy institutional buying over the past 13 weeks. The number of institutional sponsors and shares held by the sponsors, both increased in the most recent quarters.

Today, Apollo Hospitals stock closed 12.8% up on a 789.6% greater volume than the 50-day average. A leading stock that moves up in heavy volume is often sending a signal that big institutions are accumulating the stock. For now, you may want to analyse the stock in detail so that you can act when it offers an entry point.