Apollo Hospitals Enterprise Ltd.

Credit rating agency, India Ratings and Research has assigned a Long-Term Issuer rating of ‘AA+’ to Apollo Hospitals Enterprise. The agency has also assigned the company’s Non-Convertible Debentures (NCDs) an ‘AA+’ rating with a stable outlook.

Apollo Hospitals Enterprise is a provider of healthcare services. Apollo started in 1983 with its first hospital in Chennai (150 beds), and it currently operates the largest chain of hospitals in India under its well-recognized brand ‘Apollo Hospitals’ and a large chain of pharmacies under the brand ‘Apollo Pharmacy’.