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.

Bengaluru

Who

Jefferies

What

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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Verified Sources & Citations

The Economic Times
https://economictimes.indiatimes.com/markets/stocks/news/why-jefferies-is-bullish-on-manipal-hospitals-after-its-9000-crore-acquisition-spree/articleshow/133995177.cms
HIGH

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