Financial Insights

Narayana Hrudayalaya surges 13%, stock at new high on Q2 turnaround

Narayana Hrudayalaya’s share price hit a new high of 620 rupees and rose 13% at BSE on Thursday after reporting a consolidated net income of 99.4 billion rupees in the September quarter (Q2FY22) based on sound operating results .

India’s leading healthcare provider posted a consolidated net loss of Rs 3.4 cr. in Q2FY21.

After a significant impact in the first quarter of fiscal year 22 as the aftermath of the second wave of the pandemic, Indian operations saw a decent recovery in the previous quarter.

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