@paramjeetsingh I may not be expert in valuation hence you may ignore my opinion. as aditya indicated PE may not be right parameter. I suggest to watch How to Evaluate Hospital Stocks | India’s Hospital Industry | Apollo, Max Healthcare, Fortis & More – YouTube – you may find it useful. As am not adding as I found valuation streatched, but that doesn’t mean it won’t go up – but am not comfortable to pay 21000 cr for profit of 700 cr. Most hospital seems at pick OPM at this stage – hence PE seems optically low.
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