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.
Fund Manager Talk | Valuations reasonable across market, buying banks and consumer discretionary stocks: Anthony Heredia
The catalysts as well as potential drivers for the re-rating will be assessed and evaluated relative to current price, which makes it easier to implement
February 12, 2025