3 weeks ago

Park Medi World shares eye new peak after strong Q1 results

Park Medi World shares eye new peak after strong Q1 results
Healthcare stock close to record high. Will it climb to a new peak? · livemint.com

Park Medi World is a company that runs hospitals.

This week, its shares — pieces of the company that people can buy — went up on three out of four days.

On Monday, the company shared news about its results for the first part of the year, and many people wanted to buy the shares.

On Tuesday, some people sold their shares to take profits, but other buyers stepped in and the shares rose again.

The share price came very close to its highest price ever.

Two financial experts think the shares can keep climbing.

One expert says the shares could reach ₹350, while the other thinks they could reach ₹375.

The company plans to build many more hospital beds in the coming years.

Because the company is growing and making more money, many investors are excited about it.

Key facts

Record high
₹305
Intraday high
₹292
Opening price
₹286
Emkay target price
₹375
Choice Broking target price
₹350
Q1FY27 revenue growth
19% yoy
Q1FY27 EBITDA growth
20% yoy
Capacity expansion
3,960 beds to over 10,000 beds by FY33

Quotes

Emkay Brokerage

An analyst at Emkay brokerage

“"Management plans to expand capacity from 3,960 beds to over 10,000 beds by FY33, creating a long‑term growth runway."”
livemint.com
“"We maintain BUY and revise up our Jun‑27 TP by ~7% to Rs375 from Rs350, based on 21x Jun‑28E EV/EBITDA."”
livemint.com

Sources

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