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

    Synopsis

    Indraprastha Medical Corporation Ltd., incorporated in the year 1988, is a Small Cap company (having a market cap of Rs 668.30 Crore) operating in Hospitals & Allied Services sector.

    buy sellAgencies
    Promoters held 51.0 per cent stake in the company as of 30-Jun-2022, while FIIs owned 0.09 per cent, DIIs 0.02 per cent.
    HDFC Securities has buy call on Indraprastha Medical Corporation with a target price of Rs 83.25.
    The current market price of Indraprastha Medical Corporation Ltd. is Rs 83.2 .

    Indraprastha Medical Corporation Ltd., incorporated in the year 1988, is a Small Cap company (having a market cap of Rs 668.30 Crore) operating in Hospitals & Allied Services sector.

    Indraprastha Medical Corporation Ltd. key Products/Revenue Segments include Hospital Services, Licence Fees, Miscellaneous Income and Other Operating Revenue for the year ending 31-Mar-2022.


    Financials
    For the quarter ended 30-09-2022, the company reported a Standalone Total Income of Rs 285.76 Crore, up 8.21 % from last quarter Total Income of Rs 264.09 Crore and up 22.45 % from last year same quarter Total Income of Rs 233.36 Crore. Company reported net profit after tax of Rs 25.13 Crore in latest quarter.



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



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    (What's moving Sensex and Nifty Track latest market news, stock tips and expert advice, on ETMarkets. Also, ETMarkets.com is now on Telegram. For fastest news alerts on financial markets, investment strategies and stocks alerts, subscribe to our Telegram feeds .)

    Download The Economic Times News App to get Daily Market Updates & Live Business News.

    Subscribe to The Economic Times Prime and read the Economic Times ePaper Online.and Sensex Today.

    Top Trending Stocks: SBI Share Price, Axis Bank Share Price, HDFC Bank Share Price, Infosys Share Price, Wipro Share Price, NTPC Share Price

    ...more
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