Narayana Hrudayalaya Ltd

Kammavari Sangham will set-up hospital infrastructure with capacity of 110 beds in the Bengaluru South region. The project is expected to commence operations in the FY 2026-27. Under the terms of the agreement, Kammavari Sangham shall provide hospital facility to Narayana Hrudayalaya in the Bengaluru South region on a long-term basis. The company would run and operate the said hospital as per the terms of the agreement. Narayana Hrudayalaya is one of the leading healthcare service providers in India, operating a chain of multispecialty, tertiary, and primary healthcare facilities. The company's consolidated net profit increased 2.6% to Rs 192.94 crore in Q3 FY25 as compared with Rs 188.02 crore in Q3 FY24. Net sales jumped 13.5% YoY to Rs 1366.68 crore during the quarter ended 31st December 2024. The scrip had gained 0.76% to end at Rs 1677.90 on the BSE on Friday. Powered by Capital Market - Live

Narayana Hrudayalaya has entered into an operation and management agreement with M/s. Kammavari Sangham, a registered Society under the Karnataka Societies Registration Act 1960 to govern the operation, maintenance, overall management of the hospital to be built by M/s. Kammavari Sangham and to provide healthcare services. The purpose of the agreement is to set-up hospital infrastructure to be run and operated by Narayana Hrudayalaya with capacity of 110 beds in the Bengaluru South region. The Project is expected to commence operations in the FY 2026-27.Powered by Capital Market - Live

The joint venture agreement aims to establish and operate a network of healthcare centers in India, specifically for the treatment of cancer patients, with a focus on chemotherapy treatment through the JV company. 2070 Health Inc. and W Health Ventures GP LLC are both incorporated under the laws of Delaware, USA while Everhope Oncology Private, is the joint venture company. The equity subscription by parties will take place in three tranches over a period of time, HCCI will hold 50%, 2070 Health will hold 20% and W health Ventures GP LLC will hold 30% of the shareholding. The company said that the total investment over a period of next 1 to 2 years is expected to be $10 million. Narayana Hrudayalaya is one of the leading healthcare service providers in India, operating a chain of multispecialty, tertiary, and primary healthcare facilities. The company's consolidated net profit increased 2.6% to Rs 192.94 crore in Q3 FY25 as compared with Rs 188.02 crore in Q3 FY24. Net sales jumped 13.5% YoY to Rs 1366.68 crore during the quarter ended 31st December 2024.Powered by Capital Market - Live

Gland Pharma Ltd, CreditAccess Grameen Ltd, Tata Investment Corporation Ltd, Adani Power Ltd are among the other stocks to see a surge in volumes on NSE today, 25 February 2025.Narayana Hrudayalaya Ltd notched up volume of 43.73 lakh shares by 14:14 IST on NSE, a 13.11 fold spurt over two-week average daily volume of 3.33 lakh shares. The stock rose 6.01% to Rs.1,477.00. Volumes stood at 2.8 lakh shares in the last session.Gland Pharma Ltd registered volume of 12.91 lakh shares by 14:14 IST on NSE, a 8.49 fold spurt over two-week average daily volume of 1.52 lakh shares. The stock rose 4.68% to Rs.1,596.80. Volumes stood at 3.48 lakh shares in the last session.CreditAccess Grameen Ltd recorded volume of 75 lakh shares by 14:14 IST on NSE, a 5.71 times surge over two-week average daily volume of 13.14 lakh shares. The stock gained 2.66% to Rs.876.20. Volumes stood at 10.38 lakh shares in the last session.Tata Investment Corporation Ltd recorded volume of 12.46 lakh shares by 14:14 IST on NSE, a 5.65 times surge over two-week average daily volume of 2.21 lakh shares. The stock gained 6.41% to Rs.6,123.95. Volumes stood at 72078 shares in the last session.Adani Power Ltd witnessed volume of 184.56 lakh shares by 14:14 IST on NSE, a 5.41 times surge over two-week average daily volume of 34.15 lakh shares. The stock increased 7.82% to Rs.506.85. Volumes stood at 19.26 lakh shares in the last session.Powered by Capital Market - Live

Net profit of Narayana Hrudayalaya rose 2.62% to Rs 192.94 crore in the quarter ended December 2024 as against Rs 188.02 crore during the previous quarter ended December 2023. Sales rose 13.55% to Rs 1366.68 crore in the quarter ended December 2024 as against Rs 1203.64 crore during the previous quarter ended December 2023. ParticularsQuarter EndedDec. 2024Dec. 2023% Var. Sales1366.681203.64 14 OPM %22.4623.17 - PBDT288.79271.77 6 PBT218.82208.59 5 NP192.94188.02 3 Powered by Capital Market - Live

Narayana Hrudayalaya will hold a meeting of the Board of Directors of the Company on 14 February 2025.Powered by Capital Market - Live

Narayana Hrudayalaya announced that Health City Cayman Islands (HCCI), a wholly owned overseas subsidiary of the Company has infused an amount of USD 1.5 Million in Cayman Integrated Healthcare (CIHL), a wholly-owned overseas subsidiary of HCCI and a step-down subsidiary of the Company by way of subscription to its equity shares equivalent to USD 1.5 Million, i.e., 150,000 ordinary shares in the capital of the Company, each as fully paid, with the value of each ordinary shares being set at US$ 10.00, which is comprised US$0.01 of par value and US$ 9.99 of share premium. The above-mentioned shares have been allotted by CIHL to HCCI on 06 December 2024 (Friday). With this investment, the total investment of HCCI in CIHL stands at USD 5,550,000.Powered by Capital Market - Live

Net profit of Narayana Hrudayalaya declined 12.34% to Rs 198.63 crore in the quarter ended September 2024 as against Rs 226.58 crore during the previous quarter ended September 2023. Sales rose 7.26% to Rs 1400.01 crore in the quarter ended September 2024 as against Rs 1305.25 crore during the previous quarter ended September 2023. ParticularsQuarter EndedSep. 2024Sep. 2023% Var. Sales1400.011305.25 7 OPM %22.0323.61 - PBDT296.90303.66 -2 PBT231.77248.39 -7 NP198.63226.58 -12 Powered by Capital Market - Live

Narayana Hrudayalaya will hold a meeting of the Board of Directors of the Company on 31 October 2024.Powered by Capital Market - Live

Aegis Logistics Ltd, Prism Johnson Ltd, BLS International Services Ltd and Ajanta Pharma Ltd are among the other losers in the BSE's 'A' group today, 13 September 2024.Narayana Hrudayalaya Ltd lost 4.39% to Rs 1310 at 14:45 IST.The stock was the biggest loser in the BSE's 'A' group.On the BSE, 21074 shares were traded on the counter so far as against the average daily volumes of 26482 shares in the past one month.Aegis Logistics Ltd crashed 4.34% to Rs 801. The stock was the second biggest loser in 'A' group.On the BSE, 17945 shares were traded on the counter so far as against the average daily volumes of 33779 shares in the past one month.Prism Johnson Ltd tumbled 3.92% to Rs 211. The stock was the third biggest loser in 'A' group.On the BSE, 1.17 lakh shares were traded on the counter so far as against the average daily volumes of 2.95 lakh shares in the past one month.BLS International Services Ltd pared 3.91% to Rs 439.5. The stock was the fourth biggest loser in 'A' group.On the BSE, 4.91 lakh shares were traded on the counter so far as against the average daily volumes of 2.87 lakh shares in the past one month.Ajanta Pharma Ltd dropped 3.38% to Rs 3275. The stock was the fifth biggest loser in 'A' group.On the BSE, 8054 shares were traded on the counter so far as against the average daily volumes of 9591 shares in the past one month.Powered by Capital Market - Live