While the performance was largely in line with analysts’ expectations, investors were not happy with the sequential moderation in the business, Apollo 24|7 business not breaking even and intensifying competition with Adani group’s foray in healthcare. The Apollo stock closed 6.7% lower on Tuesday, with investor sentiment worsened by the steep decline in the benchmark indices.
Concurrent Gainers: 8 smallcap stocks that gain for 5 days in a row
The benchmark finished in the red in three of the five sessions between December 8 and 12. Despite broader market weakness and some volatility, eight