Buy Vijaya Diagnostic Centre, target price Rs 505: JM Financial

has buy call on with a target price of Rs 505. The current market price of Vijaya Diagnostic Centre is Rs 450.45.
Vijaya Diagnostic Centre Ltd., incorporated in the year 2002, is a Small Cap company (having a market cap of Rs 4604.14 Crore) operating in Hospitals & Allied Services sector.
Vijaya Diagnostic Centre Ltd. key Products/Revenue Segments include Hospital Services and Scrap for the year ending 31-Mar-2022.
Financials

For the quarter ended 30-09-2022, the company reported a Consolidated Total Income of Rs 124.05 Crore, up 15.80 % from last quarter Total Income of Rs 107.13 Crore and up 7.07 % from last year same quarter Total Income of Rs 115.86 Crore. Company reported net profit after tax of Rs 23.47 Crore in latest quarter.


Promoter/FII Holdings
Promoters held 55.04 per cent stake in the company as of 30-Jun-2022, while FIIs owned 27.99 per cent, DIIs 12.81 per cent.
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