India's MedPlus hits 13-month high as post earnings rally chugs on

MedPlus Health Services

14/07/2023 08:39

** Shares of MedPlus Health Services  MEDP.NS  jump as much
as 6.36% to 885 rupees, their highest since June 3, 2022
    ** Stock has been trading above 50-, 100- and 200-day daily
avgs since May 25, after the pharmacy chain's strong Q4 report
    ** The stock jumped ~18% on the day and has surged ~27%
overall in the 35 trading days since
    ** All 6 analysts covering MEDP rate it "buy" or "strong
buy" and their median TP is 952 rupees -Refinitiv data 
    ** MEDP has jumped ~42% YTD, while the NIfty healthcare
index  .NIFHEIN  is up just under 13%

 (Reporting by Hritam Mukherjee in Bengaluru)
 ((Hritam.Mukherjee@thomsonreuters.com;))