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Buy Medplus Health Services, target price Rs 820: HDFC Securities

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July 12, 2024
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Buy Medplus Health Services, target price Rs 820:  HDFC Securities
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HDFC Securities has buy call on Medplus Health Services with a target price of Rs 820. The current market price of Medplus Health Services Ltd. is Rs 667.9.

Medplus Health Services Ltd., incorporated in the year 2006, is a Large Cap company (having a market cap of Rs 7993.44 Crore) operating in Retail sector.

Medplus Health Services Ltd. key Products/Revenue Segments include Pharmaceuticals, Sale of services and Other Operating Revenue for the year ending 31-Mar-2023. Financials
For the quarter ended 31-03-2024, the company reported a Consolidated Total Income of Rs 1500.96 Crore, up 3.42 % from last quarter Total Income of Rs 1451.26 Crore and up 18.50 % from last year same quarter Total Income of Rs 1266.68 Crore. Company reported net profit after tax of Rs 33.56 Crore in latest quarter.
Promoter/FII Holdings
Promoters held 40.39 per cent stake in the company as of 31-Mar-2024, while FIIs owned 14.94 per cent, DIIs 22.47 per cent.

(Disclaimer: Recommendations given in this section or any reports attached herein are authored by an external party. Views expressed are that of the respective authors/entities. These do not represent the views of Economic Times (ET). ET does not guarantee, vouch for, endorse any of its contents and hereby disclaims all warranties, express or implied, relating to the same. Please consult your financial adviser and seek independent advice.

Tags: BuyhdfcHealthmarket newsMarketsMedplusmedplus health servmedplus health servicesMedplus stocksNiftypriceSecuritiessensexservicestarget
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