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Operating revenue increased 16.6% during the quarter to Rs 9,638 crore from Rs 8,266 crore during the corresponding period in the previous fiscal year.

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The hospital operator recorded higher-than-expected revenue of Rs 4,846.9 crore

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Recommendation: Add; Target Price: Rs 850

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The concession period for the project is 33 years, including a 3-year construction period. Share prices drop 2% in early trade on November 10

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The dollar found its footing again, and it was on track to beat the yen by 1.3% on a weekly basis

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Spot gold fell to its lowest level since October 18 on Thursday, but it was only slightly higher at $1,959.74 per ounce. Gold futures in the US dropped 0.3% to $1,964.50.

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The January contract for Brent crude was unchanged at $80.01 a barrel, while the December contract for U.S. West Texas Intermediate (WTI) crude was down 7 cents to $75.67.

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Recommendation: Buy; Target Price: Rs 225

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Recommendation: Add; Target Price: Rs 2100

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While analysts of IIFL Capital Services earnings remain largely unchanged cumulatively over the Q2FY24 earnings cycle, they revise their target price upwards as they roll forward valuation to September’24.

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1860-267-3000 / 7039-050-000

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+91 9892691696

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Copyright © IIFL Capital Services Limited (Formerly known as IIFL Securities Ltd). All rights Reserved.

IIFL Capital Services Limited - Stock Broker SEBI Regn. No: INZ000164132 (Member ID - NSE: 10975 BSE: 179 MCX: 55995 NCDEX: 01249), DP SEBI Reg. No. IN-DP-185-2016, PMS SEBI Regn. No: INP000002213, IA SEBI Regn. No: INA000000623, Merchant Banker SEBI Regn. No. INM000010940, RA SEBI Regn. No: INH000000248, BSE Enlistment Number (RA): 5016, AMFI-Registered Mutual Fund Distributor & SIF Distributor
ARN NO : 47791 (Date of initial registration – 17/02/2007; Current validity of ARN – 08/02/2027), PFRDA Reg. No. PoP 20092018, IRDAI Corporate Agent (Composite) : CA1099

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