India's Metropolis Healthcare rises after quarterly business update

Metropolis Healthcare

17/07/2023 07:26

** Shares of Metropolis Healthcare  METP.NS  rise as much as
3.49% to 1,486.60 rupees
    ** Diagnostics firm's business update on Friday shows core
business revenue grew 12% Y/Y in June quarter
    ** Core business volume rose 13% Y/Y, while revenue per test
advanced 3%
    ** Of the 13 analysts tracking METP, two have "strong buy"
rating, three "buy," two "hold," five "sell" and one "strong
sell;" median TP is 1,330 rupees - Refinitiv data
    ** METP up 12% YTD vs 14% rise in healthcare index
 .NIFHEIN 
    

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