The impact of Covid-19 outbreak has taken a toll on hospital stocks most of which have corrected anywhere between 20% and 50% in the last month. We spoke with a few of them to assess the impact and way forward. Large players like Apollo Hospitals have seen a significant drop in occupancy levels to 40% from 69% amid restrictions on people movement (~50% patient volume are travelling patients) and postponement of elective procedures. Fortis has also started seeing a decline in number of elective surgeries resulting in a sharp fall of ~65%, 40% in OPD, IPD volumes,...