Prabhudas Lilladher Recommends Buying Apollo Hospitals, Sets Rs 10,500 Target

Prabhudas Lilladher reports Apollo Hospitals Enterprise’s consolidated EBITDA rose 29% year over year to INR 11.9 billion, in line with its estimates. Adjusted EBITDA was INR 12.8 billion, up 22%, after excluding 24x7 losses and ESOP costs.