India's Krishna Institute of Medical Sciences jumps after Q2 results

Krishna Institute of Medical Sciences

14/11/2022 09:43

** Shares of Indian hospital chain operator Krishna
Institute of Medical Sciences  KRII.NS  up as much as 9.5%
hitting a record high at 1,584.9 rupees.
    ** KRII posts an 18.8% jump in its Sept-quarter consolidated
net profit to 971.1 million rupees ($11.95 million) from 817.2
million rupees a year ago  urn:newsml:reuters.com:*:nFWN3276SY
    ** Revenue from operations rises 37% to 5.64 billion rupees 
    ** Stocks posts its biggest intraday pct gain since Feb. 28 
    ** More than 533,065 shares were traded vs the 30-day moving
avg of 88,386 shares 
    ** Four of 5 brokerages rate the stock at "buy" or higher,
One rates it at "hold;" their median PT is 1,605 rupees -
Refinitiv Data 
    ** As of last close, KRII stock up 1.6% YTD 
($1 = 81.2425 Indian rupees)
 (Reporting by Navamya Ganesh Acharya in Bengaluru)
 ((Navamya.GaneshAcharya@thomsonreuters.com; +91 8805175330 ;))