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Yatharth Hospital s net profit stood at Rs 19 crore in Q1FY24 which was up 10% on a sequential basis. The operating revenue during the first quarter grew 39% year-on-year to Rs 154 crore, while EBITDA rose 61% on-year to Rs 41.4 crore. ....
"Investors who are looking for short-term gains may book profits at this level. However, aggressive investors who believe in the long-term prospects of the company may hold the stock with a stop loss at around the issue price," said Anubhuti Mishra, Equity Research Analyst at Swastika Investmart. ....
The stock opened at Rs 306.10, which was also its day s low, a 2 percent premium over the issue price of Rs 300 per share, which was much lower than analysts expectations of at least a 20 percent listing premium ....