Trending stocks: Narayana Hrudayalaya stock gains 4% in early trade

NEW DELHI: Shares of Narayana Hrudayalaya traded 3.88 per cent up in Tuesday's trade at 09:45 am. Around 24,254 shares changed hands on the counter. The stock opened at Rs 280.0 and touched an intraday high and low of Rs 280.0 and Rs 268.0, respectively, in the session so far.

The company has temporarily suspended the operations of hospital by Health City Cayman Islands Limited, a step-down subsidiary of Narayana Hrudayalaya.

The stock quoted a 52-week high of Rs 386.0 and a 52-week low of Rs 182.8.


Financials
Narayana Hrudayalaya, incorporated in the year 2000, is a Mid Cap company (having a market cap of Rs 5447.24 crore) operating in Hospitals & Allied Services sector.

The company reported net profit after tax of Rs 32.41 crore for the quarter ended 31 December, 2019. For the same quarter, the company has reported Consolidated sales of Rs 785.19 crore, down 4.51 per cent from last quarter Sales of Rs 822.30 crore and up 7.25 per cent from last year same quarter Sales of Rs 732.10 crore.

Narayana Hrudayalaya key products/revenue segments include income from medical and healthcare services which contributed Rs 1985.97 crore to sales value (95.61 per cent of total sales), medical equipment which contributed Rs 79.19 crore to sales value (3.81 per cent of total sales) and other operating revenue which contributed Rs 12.00 crore to sales value (0.57 per cent of total sales)for the year ending 31-mar-2019.

Valuation ratio
It quoted a price-to-earnings ratio of 38.0 and price to book value of 5.06.