HDFC Securities has initiated coverage on Swiggy, assigning an “Add” rating with a target price of Rs 430, based on the company’s strong brand presence and user base. While the brokerage is optimistic about Swiggy’s growth potential in quick commerce, it cautions that operational challenges may affect long-term profitability.
Global Health Q2 Results: Medanta operator posts 5% rise in net profit YoY at Rs 131 crore
Global Health, which operates hospitals under the Medanta brand, on Thursday said its profit after tax increased 5 per cent to Rs 131 crore in