Get all your news in one place.

100's of premium titles.
One app.

Get all your news in one place.

100's of premium titles. One news app.

BIZARRE: Manipal org - You Need To See This

Why Jefferies is bullish on Manipal Hospitals after its ₹9,000 crore acquisition spree

Manipal Hospitals’ acquisition-led expansion is entering a key phase, with Jefferies initiating coverage with a Buy rating and Rs 870 target. The brokerage expects strong earnings growth, driven by the turnaround of Sahyadri Hospitals, new bed additions, higher utilisation and operating leverage. However, execution risks at Sahyadri and intensifying competition…

The Economic Times

HSBC initiates coverage on this recently listed healthcare stock that can rally up to 26%. Do you own?

HSBC has initiated coverage on recently listed Manipal Health with a Buy rating and Rs 1,000 target price, implying 26% upside. The brokerage sees strong growth potential from improving hospital utilisation, the Sahyadri turnaround, higher-margin speciality mix and deleveraging, with adjusted PAT expected to nearly triple by FY29.

The Economic Times

Manipal Health shares list at 11% premium to beat GMP estimates. What should allotted investors do?

Manipal Health Enterprises shares debuted at an 11% premium over the IPO price, beating grey market expectations. Brokerages remain constructive on the hospital chain's long-term prospects, though some caution that valuations are rich. Here's what experts recommend for allotted investors and those considering fresh entry.

The Economic Times

From analysis to the latest developments in health,
read the most diverse news in one place.

Manipal Health IPO: How an acquisition spree will consume most of its Rs 8,000 crore fresh issue

Manipal Health Enterprises will use over three-fourths of its Rs 8,000 crore fresh IPO proceeds to repay acquisition-related debt and fund an additional stake purchase in Sahyadri Hospitals. The issue reflects a balance-sheet reset after an aggressive expansion strategy that significantly increased debt while expanding its hospital network.

The Economic Times

6 Indian Destinations That Are Genuinely Easy and Rewarding for Senior Travellers

Mysuru: The City That Does the Work for YouMysuru is the most underrated senior-friendly destination in India, and the reason is simple: almost everything worth seeing sits within a 5-km radius of the city centre. The Mysore Palace, Devaraja Market, Chamundi Hill (accessible by car to within 50 steps of…

Times Life

NCLT posts Byjus-Aakash hearing for July 16 as parties seek time for settlement

Aakash Educational Services and Think & Learn's resolution professional requested a delay in NCLT proceedings, citing advanced settlement talks for the Aakash shareholding dispute. The National Company Law Tribunal has adjourned the matter to July 16, expecting a resolution. This development follows reports of ongoing settlement discussions between Manipal Education…

The Economic Times

Byju's Aakash endgame; Startup deal street wakes up

Happy Monday! Byju's US lenders and Manipal are close to sealing a settlement over Aakash. This and more in today’s ETtech Morning Dispatch.

The Economic Times

Read news from The Economist, FT, and more,
with one subscription

Byju’s-Aakash settlement talks enter final stretch ahead of NCLT hearing

Settlement talks are underway between Manipal Education and Medical Group and GLAS Trust, representing Byju's US lenders, to resolve the Aakash Educational Services shareholding dispute. This crucial discussion aims to settle the division of Aakash's value, Byju's most significant asset, ahead of a key NCLT hearing.

The Economic Times

PE wars to billion-dollar IPO dreams, hospital sector is fighting fit

Major private equity firms are vying for a stake in Cloudnine, a leading maternity and paediatric care chain. This intense competition highlights strong investor confidence in India's healthcare sector. The industry is entering a new growth phase driven by increasing demand, a shortage of hospital beds, and a rise in…

The Economic Times

Manipal Hospitals collaborates with Pfizer to improve patient care

Manipal Hospitals partners with Pfizer to enhance adult vaccination program, focusing on preventing vaccine preventable diseases efficiently.

The Hindu

Former PM Deve Gowda discharged from hospital

The 90-year-old JD(S) supremo was admitted to Manipal Hospital

The Hindu

IT raid on Manipal Group

People

From analysis to the latest developments in health,
read the most diverse news in one place.

Organisations

ETtech Morning Dispatch

the National Company Law Tribunal

17 stories

Manipal Health Enterprises

Read news from The Economist, FT, and more,
with one subscription

Topics

Places

Fourteen days free

Download the app

One app. One membership.
100+ trusted global sources.