Regulatory30 Sep 2026 · 11:16 AM
APOLLOHOSPApollo Hospitals Enterprise
Hospital stocks fall on Supreme Court remarks; Apollo closes 6.63% lower
Listed hospital chains fell in morning trade after Supreme Court remarks on the gap between what retailers pay for medicines and their printed prices. Apollo Hospitals closed 6.63% lower.
Price, Wednesday's close₹8,085.00▼ 6.63%
Last 5 days
52-week low ₹6,696.5052-week high ₹9,070.50
- Sector
- Healthcare
What happened
- A Supreme Court bench of Justices Vikram Nath and Sandeep Mehta noted a cancer medicine supplied to retailers for ₹2,700 that carried a maximum retail price of ₹27,000.
- The bench asked why the MRP of essential medicines could not be capped at 16 per cent over the price to the retailer.
- By 11:16 AM Max Healthcare was down 7% at ₹915, Apollo Hospitals 6% at ₹8,158.55 and Fortis 6% at ₹772.70. Apollo closed at ₹8,085, down 6.63%.
- In August, a parliamentary committee on health had proposed capping private hospital room rents at nearby three-star hotel rates.
Why it matters
Good to know: MRP is the maximum retail price printed on a medicine's pack. The remarks were made in court; no order capping prices was reported in the sources.
Key facts
- Apollo Hospitals close
- ₹8,085 (−6.63%)
- Fortis close
- ₹764.95 (−6.94%)
- Medanta close
- ₹1,366.90 (−3.41%)
- Example cited by the bench
- ₹2,700 to retailer, ₹27,000 MRP
Read the source
This is a summary of public news about Apollo Hospitals Enterprise, for information only. It is not a recommendation to buy, sell or hold APOLLOHOSP.