business

Narayana Hrudayalaya IPO opens: Expensive but subscribe

ICICIdirect.com advises to subscribe stating though it thinks valuation is a tad expensive, it is in line with the recent deals in the healthcare industry. It says that Narayana's calibrated model for establishing and expanding its hospitals has allowed it to achieve a more efficient use of capital than many of its peers.

first published: Dec 17, 2015 10:19 am