Breakout Stock: Narayana Hrudayalaya

67
Inroduction
Narayana Hrudayalaya operates in the healthcare industry, with a focus on hospitals, clinics, and insurance services
CMP: 1,466
Market Cap: 29,969 Cr
CAGR over last 3 years: 25%
PAT over last 3 years: 365%
TTM PE: 38.2
Debt to equity: 0.53
Promoter holding: 63.8%
ROCE: 26.5%; ROE: 31.4%
Positive cash flow every year for 12 years.
Company's fixed assets have grown quickly over the last 3 years.
Company is comfortable with a Debt-EBITDA level around 3 and will enforce discipline to prevent exceeding it.
Company has a major expansion strategy that will increase revenue in the future.

Technicals:
All Ams like 20EMA, 50EMA, 100EMA and 200 EMA are showing Bullish trend.
Support: 1438, 1393, 1307
Resistance: 1519, 1690

Disclaimer

The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.