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Apollo Hospitals' shares reached a record high after the company announced a 63% surge in Q2FY25 net profit, hitting Rs 379 crore. This impressive performance was fueled by a robust 14% growth in their hospital business revenue, reaching Rs 2,903 crore, and a significant rise in patient inflow, pushing occupancy to 73%.
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While we have been lulled into believing that markets should not be volatilebased on the experience of the last few yearsvolatility is an inherent characteristic of the markets. That said, the volatility was concentrated in October, with broader indices down by around 7% or so.
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Power Grid Corporation reported a consolidated net profit of Rs 3,793 crore in the September quarter, remaining unchanged from the previous year. Revenue remained stagnant at Rs 11,278 crore. Despite the flat growth, the company announced an interim dividend of Rs 4.
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