Medanta

Noida facility to fuel Medanta's profitability, say analysts; retain 'Buy'

Analysts see nearly 17 per cent upside at current levels and have valued Medanta at a 30x12M EV/Ebitda multiple, arriving at a target price of ₹1,480 per share

Hudco, Medanta among top analyst bets; check target price, stop-loss

Hudco has shown a decent correction over the past couple of trading sessions, retesting the 20-day EMA on the daily chart, while Medanta has experienced a pronounced correction in recent weeks

Medanta, Max: Analysts pick best hospital stocks to buy post CGHS revision

The CGHS rate revision could lift hospital chains' revenues and margins, say analysts. Here are the listed stocks set to benefit most from the policy update

Why did Medanta's parent Global Health shares jump 8% in trade today?

Global Health (Medanta) shares jumped 7.7 per cent on Friday, after the company posted Q1 results, after market hours on Thursday

Medanta Q4 PAT falls 20%, revenue rises 15% on strong patient volume

Global Health reports Q4FY25 PAT drop to ₹101.4 crore on one-time expense; revenue up 15% to ₹931.2 crore; expansion plans include 550-bed Noida facility by FY26

Gurugram hospital technician held in flight attendant sexual assault case

A technician allegedly working at Medanta Hospital here was arrested on Friday in connection with the sexual assault on a flight attendant who was on a ventilator in the hospital, police said. The accused has been identified as Deepak (25), a native of Bihar's Muzaffarpur, who had been living in Gurugram for some time, they said. A senior police officer said that during the interrogation, the accused revealed that he joined Medanta five months ago after completing his bachelor's in Operation Theatre Technology at a private university here. Police said they identified the accused after examining CCTV footage, interrogating the hospital staff and investigating various facts. "Over 50 employees of the hospital and some doctors were questioned, and footage from 800 CCTV cameras was examined. After multiple analyses, we finally identified the accused and arrested him today. He has confessed to the crime," said Dr Arpit Jain, DCP (headquarters), who led the special investigation team in

Aiims Delhi among world's top 100 hospitals; who ranked number 1?

Newsweek and Statista in their World's Best Hospitals report evaluated over 2,400 hospitals across 30 countries. Aiims, New Delhi ranked the 97th best hospital in the world, up 25 ranks from past year

Axis Bank, Nippon AMC, Maruti: JM Financial picks 12 stocks to buy for 2025

From the robust banking and financial services domain, Axis Bank and Nippon AMC make the cut. The auto industry sees Maruti Suzuki and Samvardhana Motherson International (SAMIL) in the spotlight

Stock ideas for Sept: TaMo, Mah Holidays can rally up to 28%, hint charts

Here are 5 stock ideas for September 2024 based on the 'Buy' signal on the technical momentum indicator - the MACD (Moving Average Convergence-Divergence).

Medanta Q1 results: PAT rises by 4% to Rs 106 cr, revenue at Rs 861 cr

Global Health, which operates hospitals under the Medanta brand, on Friday said its consolidated profit after tax increased 4 per cent year on year to Rs 106 crore for the first quarter ended June 30, 2024. The company had reported a profit after tax (PAT) of Rs 102 crore in the April-June quarter. Revenue from operations rose to Rs 861 crore in the June quarter as compared to Rs 779 crore in the year-ago period, Global Health said in a regulatory filing. Medanta Chairman & Managing Director Naresh Trehan said that on July 22, 2024, the company has received confirmation from the Mumbai Housing and Area Development Authority (MHADA) regarding a successful bid for a land parcel measuring 8,859.24 square meter at Mauje-Oshiwara, Jogeshwari, Mumbai. "This pivotal step marks Medanta's entry into the dynamic Mumbai market, where we plan to establish a 500-plus-bedded super-speciality hospital," he added. The facility will provide medical services and advanced treatment options to the ..

Medanta Hospitals Q4 results: Net profit up 25%, revenue rises 14.3%

The hospital operator's revenue from operations rose to Rs 808.6 crore in Q4 FY24, a 14.3 per cent rise from Rs 707 crore in Q4 FY23

DLF, Medanta to develop 400-bed multi-specialty hospital in Delhi

Realty major DLF on Thursday announced that it has tied up with Global Health Ltd (Medanta) to set up a 400-bed multi-speciality hospital in the national capital. The two companies will have an equal partnership in the new joint venture. DLF and Global Health Ltd -- a leading private multi-specialty tertiary care provider -- have "entered into an understanding for forming a company to launch a 400-bed multi-super specialty hospital to provide the highest quality of healthcare in the heart of Delhi in Greater Kailash-I." Both DLF and Medanta will own 50-50 equity in the new company. DLF will be a strategic investor and Medanta will run the hospital and have operational control. DLF Chairman Rajiv Singh said, We are excited to participate in setting up a world class hospital in South Delhi at a location which is closely associated with the origins of our company." The new hospital will strengthen the medical infrastructure in Delhi and further strengthen its deep commitment to impr

Medanta net profit surges over five-fold to Rs 101 cr in March quarter

Healthcare provider Global Health (Medanta) on Monday said its net profit surged over five fold to Rs 101 crore in the fourth quarter ended on March 31, 2023, aided by increase in bed capacity and higher in-patient footfalls. The company had reported a net profit of Rs 17.5 crore in the January-March quarter of 2021-22 fiscal. Revenue in the reporting quarter rose 37 per cent year-on-year to Rs 732 crore, the company said in a statement. For the financial year ended on March 31, 2023, Medanta posted a net profit of Rs 326 crore as against Rs 196 crore in FY22. Revenue rose to Rs 2,759 crore in the last fiscal as against Rs 2,206 crore in 2021-22 fiscal. "For the year and quarter ending March 31, 2023 we have registered significant growth and strong financial performance across all revenue and profitability metrics," Global Health Group CEO and Director Pankaj Sahni noted. The healthcare provider continues its planned growth in beds and infrastructure, and remain an attractive ...

Medanta hits highest level since listing; stock surges 13% in 2 days

With past two days surge, the stock currently trades 54 per cent higher against its issue price of Rs 336 per share.

Mutual funds pivot to IPOs in November amid record number of deals

Invest Rs 3,300 crore in maiden offerings, pull out from secondary market

Debutants put up a good show; Medanta soars 24%, Bikaji Foods up 6%

Medanta's stock hit a high of Rs 424.65 and a low of Rs 390.55 on the NSE, where Rs 2,000 crore worth of shares changed hands

Sensex ends choppy day 108 pts up; Adani group stocks tumble, defence rally

CLOSING BELL: The S&P BSE Sensex is now just 265 points shy from its all-time 62,245 registered on October 19, 2021.

Medanta-owner Global Health trades firm after debuting at 19% premium

Global Health, which operates hospitals under Medanta brand, witnessed heavy volume of around 26 million shares combined on the NSE and BSE in early deals.

Stocks to Watch: Bikaji Foods, Medanta, Paytm, NDTV, HDFC, SBI, Tata Motors

Stocks to Watch Today: Bikai Foods, Global Health (Medanta) set for market debut today. Meanwhile, in the F&O segment, BHEL, Delta Corp, GNFC, PNB and Sun TV were in F&O ban period on Wednesday.

Fusion microfinance subscribed 3x on Day-2 on strong institutional support

Medanta Hospitals IPO subscribed 36% on day-2, Bikaji Foods by 1.5 times