Brokerage Anand Rathi Shares and Stock Brokers is bullish on the company, and has initiated coverage on the stock with a “buy” rating and a price target of Rs 1,300, implying an upside potential of over 20% from the current levels over the next 12 months.
Narayana Hrudayalaya arm plans new facility in Cayman Islands; shares rise
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Last Updated: Feb 22, 2021, 01:25 PM IST
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Health City Cayman Islands (HCCI), the step-down subsidiary of the company running an existing hospital in the Cayman Islands, is expanding to a new location in the Camana Bay Development area of Grand Cayman, Narayana Hrudayalaya said.
Specific departments would include medical oncology, surgical oncology and radiotherapy, Narayana Hrudayalaya said.
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NEW DELHI: Narayana Hrudayalaya shares rose 4 per cent on Monday after the company said its subsidiary plans to come up with a new 50-bed facility in Cayman Islands, entailing an estimated investment of $100 million or around Rs 725 crore.