Metropolis Healthcare on Saturday reported a 31.3% year-on-year (YoY) rise in net profit to Rs 38.1 crore in Q1FY25 let my volume increase and better patient realisations. The diagnostic chain reported Rs 29 crore net profit in the corresponding quarter of the previous year. Revenue from operations grew by 13.1% YoY to Rs 313.4 crore. … Read more
Hospital stocks fell up to 11% on Friday, witnessing their second successive decline following the Supreme Court’s diktat on cost rationalisation. The biggest loser on an intraday basis was Max Healthcare Institute which hit the day’s low of Rs 706.45 on the NSE. It was followed by Yatharth Hospital & Trauma Care Services which plunged … Read more
Mumbai: On the eve of National Doctor’s Day, Metropolis Healthcare celebrates this special occasion by introducing Metrobot, a chatbot designed exclusively for doctors. Metrobot, which is designed to revolutionise doctor-provider communication, eliminates the need for traditional call centres by providing doctors with a seamless WhatsApp-based chat platform. Doctors can use Metrobot to access essential medical … Read more
On the back of low inflation and lower raw material prices led by a decline in crude oil prices mid and smallcap indices hit their new 52-week high. The Nifty Midcap100 index surged 0.71% to 35,397, while the Nifty smallcap100 index rose 0.78% to 10,824 in Monday’s trade. Meanwhile, since April, Nifty Midcap100 gained 12.5%, … Read more
The fourth quarter earnings season is in the last leg and the Street is awaiting numbers from some of the top PSU companies and other index heavyweights including Airtel and ITC. Indian Oil, ITC, IndiGo, SBI, Zomato are among a slew of companies that are set to announce their fourth quarter results. So far, results … Read more
Global brokerage firm Goldman Sachs maintained its neutral stance on , Goldman Sachs also has a neutral rating on , Jefferies maintained underperform rating on while it has a buy rating on Medanta, and Citigroup maintained a buy on Zee Entertainment. We have collated a list of recommendations from top brokerage firms from ETNow and … Read more
The Nifty50 rallied 1.7 per cent in the week gone by to close above 17,800 levels and is just a per cent away from the 18,000 mark which most experts feel is achievable amid strong foreign flows and positive global cues. Foreign institutional investors (FIIs) have poured in nearly Rs 4,000 crore so far in … Read more
Indian market started on a firm note on Friday tracking positive global cues. The S&P BSE Sensex rose more than 200 points while the Nifty50 inched closer to 16,700 levels in the first 15-minutes of trade. Sectorally, buying was seen in banks, finance, auto, consumer durables, and realty stocks. We have collated stocks from various … Read more
The first six months of 2022 have proved volatile for domestic equity markets. Benchmarks Sensex and Nifty have registered double-digit cuts, while indices used to track second rung counters are down up to 17 per cent so far this year. According to the data from AceEquity, 392 stocks out of the BSE 500 index have … Read more
Mumbai: Analysts are slashing profit estimates of companies as the impact of the sharp run-up in raw material costs and demand slowdown in rural India are expected to reflect on earnings over the next couple of quarters. Downgrades in earnings estimates by analysts at leading brokerages have outnumbered upgrades in the past four weeks. Out … Read more