Buy Vijaya Diagnostic Centre, target price Rs 505: JM Financial

JM Financial has buy call on Vijaya Diagnostic Centre Ltd. with a target price of Rs 505. The current market price of Vijaya Diagnostic Centre is Rs 432.15.

Vijaya Diagnostic Centre Ltd., incorporated in the year 2002, is a Small Cap company (having a market cap of Rs 4414.87 Crore) operating in Hospitals & Allied Services sector.

Vijaya Diagnostic Centre Ltd. key Products/Revenue Segments include Hospital Services and Scrap for the year ending 31-Mar-2022.



Financials
For the quarter ended 30-09-2022, the company reported a Consolidated Total Income of Rs 124.05 Crore, up 15.80 % from last quarter Total Income of Rs 107.13 Crore and up 7.07 % from last year same quarter Total Income of Rs 115.86 Crore. Company reported net profit after tax of Rs 23.47 Crore in latest quarter.



Promoter/FII Holdings
Promoters held 55.04 per cent stake in the company as of 30-Jun-2022, while FIIs owned 27.99 per cent, DIIs 12.81 per cent.