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HomeMarketStocksBuy Indraprastha Medical Corporation, target price Rs 83.25: HDFC Securities

Buy Indraprastha Medical Corporation, target price Rs 83.25: HDFC Securities


Securities has purchase name on Indraprastha Medical Corporation with a goal worth of Rs 83.25.

The present market worth of . is Rs 83.2 .
Ltd., integrated within the 12 months 1988, is a Small Cap firm (having a market cap of Rs 668.30 Crore) working in Hospitals & Allied Providers sector.

Indraprastha Medical Company Ltd. key Merchandise/Income Segments embrace Hospital Providers, Licence Charges, Miscellaneous Earnings and Different Working Income for the 12 months ending 31-Mar-2022.

Financials

For the quarter ended 30-09-2022, the corporate reported a Standalone Whole Earnings of Rs 285.76 Crore, up 8.21 % from final quarter Whole Earnings of Rs 264.09 Crore and up 22.45 % from final 12 months similar quarter Whole Earnings of Rs 233.36 Crore. Firm reported web revenue after tax of Rs 25.13 Crore in newest quarter.

Promoter/FII Holdings
Promoters held 51.0 per cent stake within the firm as of 30-Jun-2022, whereas FIIs owned 0.09 per cent, DIIs 0.02 per cent.

(Disclaimer: Suggestions given on this part or any reviews connected herein are authored by an exterior occasion. Views expressed are that of the respective authors/entities. These don’t signify the views of Financial Occasions (ET). ET doesn’t assure, vouch for, endorse any of its contents and hereby disclaims all warranties, specific or implied, referring to the identical. Please seek the advice of your monetary adviser and search impartial recommendation.



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