Best Hospital Companies in India (Nifty 500)

Last Updated on Aug 21, 2023 by Harshit Singh

Table of Contents

Best Hospital Companies With Highest FII Holding (%)

Stock name	Market Cap (Rs. in cr.)	Close Price (Rs.)	PE Ratio (%)	Foreign Institutional Holding (%)
Max Healthcare Institute Ltd	51,816.05	551.00	46.96	59.89
Apollo Hospitals Enterprise Ltd	69,711.83	4,932.65	85.11	47.93
Aster DM Healthcare Ltd	15,886.99	311.85	37.39	38.81
Fortis Healthcare Ltd	23,871.78	322.00	40.55	30.03
Metropolis Healthcare Ltd	6,849.49	1,348.25	47.94	25.66
Dr. Lal PathLabs Ltd	18,630.43	2,271.05	77.98	23.27
Vijaya Diagnostic Centre Ltd	4,774.49	475.15	56.42	20.27
Rainbow Children’s Medicare Ltd	10,824.65	1,101.30	51.34	20.19
Krishna Institute of Medical Sciences Ltd	15,445.76	1,924.35	45.93	13.15
Narayana Hrudayalaya Ltd	20,102.90	994.30	33.16	11.11

Note: The data is from 21st August 2023. It is filtered using the following parameters on Tickertape Stock Screener:

Stock Universe: Nifty 500
Sector: Healthcare > Hospitals & Diagnostic Centres
Foreign International Holding (%): Sort from high to low

Best Hospital Companies With Highest 1Y Return

Stock name	Market Cap (Rs. in cr.)	Close Price (Rs.)	PE Ratio (%)	1Y Return (%)
Rainbow Children’s Medicare Ltd	10,824.65	1,101.30	51.34	95.25
Krishna Institute of Medical Sciences Ltd	15,445.76	1,924.35	45.93	57.82
Aster DM Healthcare Ltd	15,886.99	311.85	37.39	49.43
Max Healthcare Institute Ltd	51,816.05	551.00	46.96	45.40
Narayana Hrudayalaya Ltd	20,102.90	994.30	33.16	38.28
Vijaya Diagnostic Centre Ltd	4,774.49	475.15	56.42	34.53
Apollo Hospitals Enterprise Ltd	69,711.83	4,932.65	85.11	19.28
Fortis Healthcare Ltd	23,871.78	322.00	40.55	7.78

Note: The data is from 21st August 2023. It is filtered using the following parameters on Tickertape Stock Screener:

Stock Universe: Nifty 500
Sector: Healthcare > Hospitals & Diagnostic Centres
1Y Return (%): Sort from high to low

Best Hospital Companies With Highest % of Buy Reco

Stock name	Market Cap (Rs. in cr.)	Close Price (Rs.)	PE Ratio (%)	Percentage Buy Reco’s
Fortis Healthcare Ltd	23,871.78	322.00	40.55	100.00
Aster DM Healthcare Ltd	15,886.99	311.85	37.39	90.00
Apollo Hospitals Enterprise Ltd	69,711.83	4,932.65	85.11	86.36
Krishna Institute of Medical Sciences Ltd	15,445.76	1,924.35	45.93	85.71
Narayana Hrudayalaya Ltd	20,102.90	994.30	33.16	85.71
Vijaya Diagnostic Centre Ltd	4,774.49	475.15	56.42	80.00
Global Health Ltd	18,337.06	688.65	56.23	75.00
Rainbow Children’s Medicare Ltd	10,824.65	1,101.30	51.34	75.00
Max Healthcare Institute Ltd	51,816.05	551.00	46.96	64.29

Note: The data is from 21st August 2023. It is filtered using the following parameters on Tickertape Stock Screener:

Stock Universe: Nifty 500
Sector: Healthcare > Hospitals & Diagnostic Centres
Percentage Buy Reco’s: Sort from high to low

Reasons behind hospital stocks rally

Enhanced operational efficiency and the injection of private equity have been the catalyst for the growing valuation of hospital companies in India.
Hospital companies such as Fortis Healthcare Ltd, Apollo Hospitals, Krishna Institute of Medical Sciences Ltd, and Healthcare Global Enterprises achieved their 52-week high, indicating a growth trend in the hospital companies due to the market rally.
Moreover, with the good June quarter show, many hospital stocks have generated double-digit returns in the last 1 yr.

Conclusion

Upon carefully evaluating the hospital sector stocks on Tickertape Stock Screener, the industry saw a positive trade volume surge, causing most of the hospital stocks in the ‘overvalued’ zone. Though high profitability and high FII holding is enough to put investors in a dilemma, to buy or not to buy, therefore, with the help of Tickertape Pro, you can screen a stock on over 200 filters, discover these hidden details, and analyse a stock better and faster.

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Harshit Singh

Content Strategist at Tickertape

Hey there, I’m Harshit Singh Mahey! With eight years of experience as a Content Strategist, I’ve had the pleasure of working with a Fortune 100 company and building three successful startups from the ground up.

As an investment fanatic, I’ve dabbled in early-stage startups, mutual funds, gold, stocks, smallcases, and real estate to identify which assets generate the highest ROI. At Tickertape, I’m dedicated to presenting my learning and providing insightful suggestions to help my readers make sound investment decision.