India's Global Health gains; Jefferies sees losses easing at Noida hospital

Global Health

22/04/2026 11:12

April 22 (Reuters) - ** Shares of India's Global Health GLOH.NS jump 2.77% to 1111.25 rupees

** Jefferies ("buy", PT: 1,440 rupees) says losses at co's Noida hospital appear to have peaked

** Brokerage estimates cumulative Noida losses at ~8% of EBITDA so far, easing to ~2% by FY27 as patient numbers rise

** Says steady growth at mature hospitals and ramp-up at Lucknow and Patna should support medium-term earnings and margins

** Estimates ~20% revenue and ~21% EBITDA growth over FY25–FY28

** GLOH rated "buy" on average by 13 analysts, media PT: 1,250 rupees - LSEG data

** YTD, stock down ~6.2%

(Reporting by Bipasha Dey in Bengaluru)

((Bipasha.Dey@thomsonreuters.com;))