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MEDANTA — Global Health News Story

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India's Global Health surges on quarterly profit rise

** Shares of Global Health GLOH.NS jump 7% to 1,421 rupees, their highest level since May 20, 2024

** Stock marks biggest intraday pct gain since Feb 5

** Hospital chain operator posts 49.6% Y/Y rise in June-qtr consol PAT; consol rev from ops rises 19.7% Y/Y

** Trading volume at more than 1 mln, 2.3x 30-day avg

** GLOH rated "buy" by 11 analysts on average; median target price is 1,275 rupees – data compiled by LSEG

** YTD, stock up 31.7%

 (Reporting by Rudra Pratap Singh in Bengaluru)

 ((rudrapratap.singh@thomsonreuters.com))

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