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45· Steady
Markets11h 29m ago
Jefferies initiated coverage on Manipal Hospitals with a Buy rating and a target price of Rs 870, citing acquisition-led expansion and expected strong earnings growth.
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Bengaluru
Who
Jefferies
What
Jefferies initiated coverage on Manipal Hospitals with a Buy rating and a target price of Rs 870, citing acquisition-led expansion and expected strong earnings growth.
When
Thu, 10 Sep 2026 05:46:00 GMT · 11h 29m ago
Where
Bengaluru ·
Why
Jefferies expects strong earnings growth driven by the turnaround of Sahyadri Hospitals, new bed additions, higher utilization, and operating leverage.
The Frontline Impact
How this affects you
Jefferies' bullish stance and target price suggest potential positive market performance for Manipal Hospitals. Key concerns include execution risks at Sahyadri Hospitals and increased competition in Bengaluru.
Story chain
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