India's Vijaya Diagnostic's new flagship unit to strengthen foothold, says Emkay; hikes PT

Vijaya Diagnostic Centre

18/09/2026 09:57

** Vijaya Diagnostic Centre's VIJA.NS new flagship facility in Karnataka will help decongest existing hubs, drive operating leverage and improve turnaround time for high-end pathology tests according to analystst at Emkay
** Brokerage rates stock "buy", raises PT by ~7% to 1,600 rupees
** Despite micro-market having multiple standalone integrated players, co's focus on providing quality services allows it to differentiate offerings --Emkay
** Co demonstrated execution prowess with two other hubs in state achieving breakeven within 6-9 months of commissioning --Emkay
** After market share gains in Hyderabad, brokerage is constructive about co's ability to replicate growth template in Karnataka, its next core market over coming decade
** All but one out of 8 analysts rate stock "buy" or higher; median PT at 1,585 rupees
** VIJA up 2.9% at 1,550.40 rupees; YTD, shares up 46.19%

 (Reporting by Saikeerthi in Bengaluru)
 ((Saikeerthi@thomsonreuters.com; (+91) 8296756080))