KKR's investment in India's Healthcare Global to prompt efficiency, PL Capital says

Healthcare Global Enterprises

28/02/2025 09:47

** Investment by U.S. private equity firm KKR KKR.N to acquire controlling stake in Healthcare Global Enterprises HEAC.NS will bring in more operational, financial efficiency, PL Capital says

** Brokerage raises HEAC's PT to 555 rupees from 535 rupees, maintains "buy" rating

** Expects KKR to drive growth in the cancer care provider through bed expansion, assets' rationalization, margins expansion

** Co's asset-light approach with focus on partnerships has made its model more capital efficient, scalable, PL Capital says

** Stock last down 1.5% amid broader market rout

 (Reporting by Aleef Jahan in Bengaluru)

 ((aleefjahan.cs@thomsonreuters.com))