Buy Krsnaa Diagnostics, target price Rs 1010: JM Financial

JM Financial has buy call on Krsnaa Diagnostics with a target price of Rs 1010. The current market price of Krsnaa Diagnostics is Rs 656.2.

Krsnaa Diagnostics Ltd., incorporated in the year 2010, is a Small Cap company (having a market cap of Rs 2061.25 Crore) operating in Hospitals & Allied Services sector.

Krsnaa Diagnostics Ltd. key Products/Revenue Segments include Hospital Services for the year ending 31-Mar-2023.



Financials
For the quarter ended 30-09-2023, the company reported a Consolidated Total Income of Rs 159.61 Crore, up 10.99 % from last quarter Total Income of Rs 143.80 Crore and up 25.47 % from last year same quarter Total Income of Rs 127.21 Crore. Company reported net profit after tax of Rs 10.50 Crore in latest quarter.


Promoter/FII Holdings
Promoters held 27.8 per cent stake in the company as of 30-Sep-2023, while FIIs owned 3.68 per cent, DIIs 18.72 per cent.