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Apollo Hospitals Shares Drop Despite Strong Q3 Performance.
According to the article, Apollo Hospitals' share price fell due to **profit booking by investors** after the company reported strong Q3 FY25 results. Despite a **51.8% increase in profit** and a **13.9% rise in revenue**, investors chose to book profits, leading to a decline in the stock price. From a technical perspective, the stock has broken below both the **40-week EMA** and a **key trendline** that previously acted as support. To sustain its uptrend, Apollo Hospitals must close above these levels. **Failure to reclaim support could lead to further correction.** https://preview.redd.it/1x7241dz5iie1.png?width=1280&format=png&auto=webp&s=9badb247d68cf3b8b468977e3d174afd619b0d89 https://preview.redd.it/ne3tb8dz5iie1.png?width=1280&format=png&auto=webp&s=7315228051496d98bda20c1f37b5123da1e54457 what are your personal views.4
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