"There will be no investments in research and the quality of medicines will be affected," said BS Ajai Kumar, CEO of Healthcare Global Enterprises.
Foreign investment limit for investment by Foreign Portfolios Investors in Healthcare Global Enterprises Limited has increased from 24 percent to 100 percent of its paid up capital.
The new centers have ramped up quickly to breakeven EBITDA positive, said BS Ajaikumar, Chairman & CEO, Healthcare Global Enterprises.
Edelweiss is bullish on Healthcare Global Enterprises has recommended buy rating on the stock with a target price of Rs 310 in its research report dated May 25, 2017.
On April 26, 2017, The Scottish Oriental Smaller Companies Trust PLC SOSC bought 10,77,493 shares of Healthcare Global Enterprises at Rs 274.87.
On February 15, 2017 Franklin Templeton MF bought 18,00,000 shares of Healthcare Global Enterprises.
Edelweiss is bullish on Healthcare Global Enterprises has recommended buy rating on the stock with a target price of Rs 310 in its research report dated February 08, 2017.
Healthcare Global is coming up with new centres in Mumbai, Kanpur, and Nagpur and Chairman & CEO BS Ajaikumar tells CNBC-TV18, these new centres will keep growth sustainable.
Hero Motocorp | Lupin | Cipla | Bank of India | eClerx Services | Ratnamani Metals | Healthcare Global | Reliance Power | Union Bank | Thermax | Indraprastha Gas | Adani Transmission | Kotak Mahindra Bank | Axis Bank and Idea Cellular are stocks, which are in the news today.
Pratibha Industries | Bodal Chemicals | Oil India | Tata Elxsi | Cadila Healthcare | NBCC | Jyoti Structures | Transformers & Rectifiers | Rallis India | HPL Electric | High Ground Enterprise | Navkar Corp | Navneet Education | GVK Power | L&T Finance | Lloyd Electric | PC Jeweller and Jindal Stainless are stocks, which are in the news today.
Petronet LNG | Bharat Forge | Punj Lloyd | IVRCL | Astral Poly | Ashiana Housing | HealthCare Global | Career Point | Pratibha Industries | IL&FS Engineering and IIFL Holdings are stocks, which are in the news today.
Losses arising from new centres have also seen declines in the second quarter of this fiscal.
SBI | Mahindra & Mahindra | Sun Pharma | Tata Motors | Mahindra Lifespaces | PVR | ONGC | Jain Irrigation | Gujarat Alkalies | Ashapura Minechem | Gujarat Narmada | Wockhardt | TeamLease | Andrew Yule | Finolex Cables | Shreyas Shipping and Thermax are stocks, which are in the news today.
Bharti Infratel | NBCC | Siemens | Caplin Point | Tayo Rolls | GMR Infra | Bosch | Wockhardt | Sical Logistics | Heritage Foods | Nestle India | Bharat Financial Inclusion | Mahindra Holidays | Ujaas Energy | TTML | Dish TV | JM Financial and Marico are stocks, which are in the news today.
Over the past few years, a spate of listings has resulted in the sector expanding to include what can truly be considered as the healthcare sector: hospital chains, diagnostic labs etc.
Have robust expansion plans and would have 26 oncology centers by end of FY18 from the current 17 centers, said BS Ajaikumar, Chairman and CEO, Healthcare Global Enterprises.
More than 70 percent of the newly-listed companies are trading well above their issue price, giving handsome returns of up to 98 percent.
In an interview with CNBC-TV18, BS Ajai Kumar, Chairman and CEO of Healthcare Global said that he expects its existing centres to turn profitable in the coming days and has capex plans worth Rs 200 crore for the next two years.
In an interview to CNBC-TV18, Prakash Diwan of prakashdiwan.in shared his readings and outlook on specific stocks and sector.
Some of the stocks that should be on your radar are: Housing Development Finance Corporation, NIIT, Hindustan Petroleum Corporation, Shree Renuka Sugars, NTPC, Allcargo Logistics, Indraprastha Gas, Shriram EPC, Healthcare Global Enterprises.
On August 22,2016 Reliance Mutual Fund bought 25,57,005 shares of Healthcare Global.