India's Healthcare Global mulls restructuring of Nagpur operations, stock up 3%

Healthcare Global Enterprises

29/05/2023 08:25

** Shares of Healthcare Global Enterprises Ltd  HEAC.NS 
rise as much as 3.49% to 304 rupees
    ** Uptick after co, which provides cancer care services,
says it is considering potential inorganic restructuring of its
operations in Nagpur city
    ** HEAC to consider increasing its stake in HCG NCHRI
Oncology LLP
    ** Also evaluating greenfield and brownfield opportunities
in Madhya Pradesh state
    ** Trading volume is 128,178 shares as of 12:40 p.m. IST,
1.1x the 30-day avg - Refinitiv data
    ** All eight analysts tracking HEAC maintain "buy"; median
PT is 375 rupees

 (Reporting by Bharath Rajeswaran in Bengaluru)
 ((bharath.rajeswaran@thomsonreuters.com; +91 9769003463;))