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.
The hospital operator recorded higher-than-expected revenue of Rs 4,846.9 crore
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
The dollar found its footing again, and it was on track to beat the yen by 1.3% on a weekly basis
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.
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.
Recommendation: Add; Target Price: Rs 2100
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.

IIFL Customer Care Number
(Gold/NCD/NBFC/Insurance/NPS)
1860-267-3000 / 7039-050-000
IIFL Capital Services Support WhatsApp Number
+91 9892691696
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
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