Healthy and Wealthy on Pockets: Apollo’s 8685% Returns
An investment of ₹1 Lakh in this healthcare sector 20 years ago could have yielded ₹87.8 Lakhs today!
Investors happiness spikes with 8685% returns on this multibagger. Let’s examine Apollo Hospitals performance over the years.
8685% Returns In 20 Years 🚀
₹1 Lakh Invested In October 2002, ₹87.8 Lakhs Today 💵
🏥 Stock Name: Apollo Hospitals Enterprise Limited
🏥 NSE: $APOLLOHOSP
⭐ About The Company
Founded in the year 1979 by Dr Pratap C Reddy, Apollo Hospitals is the first corporate healthcare provider in India. It is headquartered in Chennai, Tamil Nadu.
The healthcare giant provides its services via:
🩺 73 hospitals
🩺 4000+ pharmacies
🩺 200 online pharma centres
🩺 300 private clinics
🩺 1100 diagnostic centres in 17 countries
💉 Testing Giant
Apollo Hospitals undertakes over 1,00,000 tests a day. It has treated more than 20 crore patients, functioning at a utilization rate of around 70%.
🐄 Cash Cow
The group’s cash cow is its healthcare business, accounting for 53% of the company’s revenues. Apollo Pharmacy, earning the group ₹10,000 crores is the country’s first and leading pharmaceutical network, enabling people’s access to pharma products as well as wellness and self-care products.
🪴 Growth Plans
Apollo Hospitals, as part of its expansion plan, has allocated ₹1700 crores as of August 2022 towards asset acquisitions in Gurugram and Chennai. An OMR tertiary care facility is set to be established along with the company’s expansion plan to emerging locations in Bengaluru.
💰 Stock Value
On October 21, 2002, the shares of the company were trading at ₹49.20, while they were priced at ₹4322.50 as of October 20, 2022.