Revenue grows 132% in Q1FY22, with that from diagnostics putting up the best show
Given the weakness seen on Monday, should you be worried regarding stocks from this sector? Here is how they look on the charts
Diagnostics major Neuberg Diagnostics plans to expand its international as well as domestic presence with an investment of Rs 150 crore, said a top company official
Thyrocare's market capitalisation is around Rs 6,916 crore. The deal thus could be for a shareholding in the firm
The company is planning to set up 10 more labs in the northern and eastern parts of the country for deeper penetration
Given limited testing facilities for Covid-19, there's a rush to develop AI tools for quick analysis using X-rays. Experts say it can be very useful in smaller towns where access to CT scans is poor
They say it will be a good strategy to exit these stocks at least for now. Over the long-run, however, Dr Lal Pathlabs, Metropolis Healthcare and Thyrocare Tech still offer room for growth
According to the Union Health Ministry data, India recorded 1,03,558 coronavirus infections on Sunday, pushing the nationwide Covid tally to 1.25 crore
Medall's revenue, approximately Rs 400 crore at present, is estimated to increase to Rs 1,000 crore in three to four years
Margin pressures and valuations would limit major upsides
Buying shares of companies that operate in the cold storage space is emerging as a hot theme on Dalal Street
Thyrocare Technologies has the strong support of 50-DMA, currently placed at Rs 988 levels.
Sharp rise in non-Covid business and strong revenue growth indicated by Thyrocare, Metropolis prop up sentiment
A new all time high shows bullish sentiment is here to stay in these stocks.
Non-Covid revenues are back to 80% of Jan levels. Some expect demand to be 1.2 times pre-Covid level by Diwali
Diagnostic services provider Dr Lal PathLabs on Friday reported a 51.94 per cent decline in its consolidated net profit at Rs 28.4 crore for the quarter ended June 30, 2020.
Stocks of diagnostic chains and hospitals have been in focus as Covid-19 pandemic spread across the country. Is it a good strategy to stay put in these counters? Here's what the charts suggest
Hospitals, nursing homes and diagnostic centres get 5% off on energy bill; extra relief for charitable institutions
"India and the United States have had a long-standing productive partnership in the healthcare sector, especially between the research institutions and industries of both countries, he said
The shares of top diagnostic chains in the country shot up amidst volatile market conditions