Add Apollo Hospitals in your portfolio, says PN Vijay

PN Vijay, Portfolio Manager, www.askpnvijay.com feels that investors can add Apollo Hospitals to their portfolio.

Vijay told CNBC-TV18, “Apollo Hospitals is an excellent stock because if you see the healthcare industry, the big activity, people are still going after the pharma stocks. But it is in real healthcare, which is in the hospital industry and there are very few good stocks in that sector.”
He further added, “If one look at Apollo Hospitals, they have been following a judicious mix of three things – growing their own portfolio, inorganic growth through acquisitions and also the franchising route and they also have a pharmaceutical wing where they dispense medicine. So, it is an excellent stock based on broad fundamentals. The valuations are also pretty good. So, I think Apollo Hospitals is a good addition to one’s healthcare portfolio.”