Hospitals in Jefferies' coverage are expanding capacity over the next few years by 26-86%, the global brokerage said, however, challenges have emerged in non-hospital components like diagnostics/ eHealth. The recent correction makes the space attractive. Jefferies has tweaked capex, margin estimates driven by bed expansion and allied business expectations across coverage. The brokerage has all Bu...

SGX Nifty hinted at a positive start for benchmark indices BSE Sensex and NSE Nifty 50 on Friday. Nifty futures traded 211 points, or 1.34% higher at 15,996, on the Singapore Exchange signaling that Dalal Street was headed for a gap-up open. “Rising inflationary pressure, continuous FIIs selling and rupee depreciating to all time low have turned investors pessimistic in the near term. After ...

Here are the top ten stocks that will be in focus on Tuesday:One97 Communications: The Paytm operator recorded “stellar growth" in the December quarter, on the back of a rapid scaling of its lending business, it said on Monday. Loan disbursal volumes during the quarter shot up 401% year-on-year to 4.4 million and value jumped 365% to Rs2,180 crore.Axis Bank: The private lender has successfully e...

New Delhi: Fortis Healthcare on Friday reported a consolidated net profit of Rs 130.60 crore for the second quarter ended September 30, driven by robust growth in the non-COVID business. The company had posted a net profit of Rs 15.47 crore for the corresponding period of the previous fiscal, Fortis Healthcare said in a regulatory filing.Its consolidated revenue from operations stood at Rs 1,462.5...

MUMBAI: Shares of Fortis Healthcare Ltd have been in focus with ace investor Rakesh Jhunjhunwala raising his holdings in the company to 4.31% from 2.65%. The stock has risen more than 29% in so far this year. Improving outlook for the hospitals and diagnostics business have also boosted the stock's prospects.Rising patients' footfalls at hospitals and clinics and also an increase in surgeries have...