Apollo Hospitals is coming out with a preferential allotment to
promoter at around Rs 500 and to institutions at Rs 600.
The current market price is Rs 480.
I feel Apollo is a long-term multi bagger story in the making.
Health care sector is the sunrise sector of India. Medical tourism,
health insurance TPA, Medical process outsourcing, pharmacies,
hospitals, Apollo has a significant presence in all of these.
I would rate this stock to be one of top performers in next 3-4 years.
Promoters buying own company shares is always a very good sign as that
tells me they are very bullish on their own business.
Apollo as come out with a series of announcements over the past few
weeks talking about new joint ventures in medical re-insurance and
It has one of the best managements in health care sector, there are
very high entry barriers to this business. I would like to accumulate
the stock in small quantities and keep it for years to come (at least
for 10 years).
Attaching the zip containing the details of the EGM. It shows the
holding structure pre and post preferential allotment.
Niteen S Dharmawat
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up on sources that we consider reliable. I, however, do not vouch for
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profits or loss which may arise from the recommendations above.