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.
India’s earnings slowdown cyclical, expect recovery by mid-year: Jonathan Garner
I think there is a minority opinion that this is a more structural slowdown in earnings for India. We do not agree with that. But
February 12, 2025