India's Thyrocare hits record high after June-quarter profit rise
24/07/2026 06:24
BUZZ-India's Thyrocare hits record high after June-quarter profit rise ** Shares of Thyrocare Technologies THYO.NS rise as much as 9.6% to 597.50 rupees, a record high; last up 2.4%
** Healthcare and diagnostic services co reports June-quarter consol net profit increases 34.1% Y/Y, consol revenue from operations rises 26.3% Y/Y
** Phillip Capital reiterates "buy" rating and PT at 680 rupees on co's industry-leading earnings, leadership in preventive diagnostics, and competitive advantage through its franchisee-led model
** More than 4.8 million shares traded so far, about 12.6x 30-day avg
** All 5 analysts covering the stock rate it "buy"; median PT is 615 rupees - LSEG-compiled data
** YTD, stock up about 25%
(Reporting by Payel Das in Bengaluru)
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