Buy Global Health, target price Rs 1400: JM Financial

JM Financial has buy call on Global Health with a target price of Rs 1400. The current market price of Global Health Ltd. is Rs 1114.25.

Global Health Ltd., incorporated in the year 2004, is a Small Cap company (having a market cap of Rs 30035.24 Crore) operating in Hospitals & Allied Services sector.

Global Health Ltd. key Products/Revenue Segments include Hospital Services, Pharmaceuticals and Other Operating Revenue for the year ending 31-Mar-2024.



Financials
For the quarter ended 30-06-2024, the company reported a Consolidated Total Income of Rs 883.00 Crore, up 5.62 % from last quarter Total Income of Rs 836.05 Crore and up 11.14 % from last year same quarter Total Income of Rs 794.50 Crore. Company reported net profit after tax of Rs 106.26 Crore in latest quarter.


Promoter/FII Holdings
Promoters held 33.04 per cent stake in the company as of 30-Jun-2024, while FIIs owned 12.94 per cent, DIIs 10.56 per cent.