Buy GPT Healthcare, target price Rs 245: JM Financial

JM Financial has buy call on GPT Healthcare with a target price of Rs 245. The current market price of GPT Healthcare is Rs 167.6.

GPT Healthcare Ltd., incorporated in the year 1989, is a Large Cap company (having a market cap of Rs 1356.86 Crore) operating in General sector.

GPT Healthcare Ltd. key Products/Revenue Segments include HealthCare Services, Pharmaceuticals and Other Operating Revenue for the year ending 31-Mar-2024.



Financials
For the quarter ended 31-03-2024, the company reported a Standalone Total Income of Rs 101.02 Crore, up 3.32 % from last quarter Total Income of Rs 97.77 Crore and up 2.64 % from last year same quarter Total Income of Rs 98.41 Crore. Company reported net profit after tax of Rs 12.82 Crore in latest quarter.


Promoter/FII Holdings
Promoters held 65.57 per cent stake in the company as of 31-Mar-2024, while FIIs owned 6.68 per cent, DIIs 11.61 per cent.