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MEDANTA — Global Health News Story

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India's Global Health gains on quarterly profit surge

** Shares of Global Health GLOH.NS jump as much as around 5.5% to 1,278 rupees; last up about 4%

** Hospital chain operator's Q4 net PAT jumped 42%

** Revenue from operations up around 24.5%, driven by higher patient volumes, expansion in bed capacity

** PAT margins improved to 11.8% vs 10.6% a year earlier

** In-patient count rises 23%, out-patient count up 27.5% y/y

** Trading volume at nearly 3x 30-day average

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

** YTD, stock up about 6.2%

($1 = 95.8800 Indian rupees)

(Reporting by Bipasha Dey in Bengaluru)

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

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