Emkay

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Healthcare, Pharma & Life Sciences 10 Oct 2026, 08:18 AM IST

Apollo, Max Healthcare Lead Hospital Stock Rally as Drug Price Caps Ease Fears

Hospital stocks climbed as much as 5% in early trade after the government capped trade margins on non-scheduled anti-cancer drugs at 30%, a move that could sharply lower prices for patients. Brokerages including Jefferies and Emkay said the earnings hit for hospital chains should be manageable, with Jefferies remaining constructive on Fortis, Manipal, Apollo, Max Healthcare and Medanta.

By RDU Global Wire5 min read

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Corporations, startups, regulatory bodies, central banks, ministries and judicial courts. All news mentioning this entity is automatically verified and aggregated into this live intelligence dossier.

Co-Occurring Entities

Entities frequently referenced alongside Emkay:

New Delhi(1)Max Healthcare(1)Jefferies(1)India(1)Apollo Hospitals(1)Anthropic(1)