Apollo Hospitals, is a leading integrated healthcare services provider in Asia with a robust presence across the healthcare ecosystem.
The company has shown good profit growth of 34.3% CAGR over the last 5 years and maintains a healthy dividend payout of 22.6%.
Technical Analysis
Consolidation: The stock has been consolidating for the last 15 - 18 days and is ready to give a breakout for a new high.
Darvas Box Formation: The stock formed a Darvas Box at its 52-week high and corrected around 15%.
Volume: Volume is starting to increase, indicating potential for a breakout.
Entry Point: Early entry can be taken around the highlighted range with a stop loss of ₹7,130.
Target: Open /Trail
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