India's Indraprastha Medical hits record high after strong Q1 results

Max Healthcare Institute

06/08/2024 05:15

** Shares of Indraprastha Medical Corp  IMCL.NS  jump as
much as 20% to hit a record high of 262.80 rupees
    ** Co on Monday reported ~47% jump in Q1 profit, while rev
rose 13.5% y/y
    ** IMCL stock is top gainer among hospital-related shares,
up 75% YTD
    ** Shares of peers Max Healthcare  MAXE.NS  up 26%, Rainbow
Children's  RAIB.NS  up 1%, Fortis Healthcare  FOHE.NS  up 23%,
Narayana Hrudayalaya  NARY.NS  up 4%, while Apollo Hospital
 APLH.NS  up 17% YTD



 (Reporting by Sethuraman NR in Bengaluru)
 ((Sethuraman.NR@thomsonreuters.com; (+91 9945291420); Reuters
Messaging: nallur.sethuraman.thomsonreuters.com@reuters.net))