{"id":113362,"date":"2023-11-08T12:19:09","date_gmt":"2023-11-08T06:49:09","guid":{"rendered":"https:\/\/tradebrains.in\/features\/?p=113362"},"modified":"2023-11-08T12:53:55","modified_gmt":"2023-11-08T07:23:55","slug":"healthcare-stock-jumped-5-after-company-announces-profit-increase-of-70-in-q2","status":"publish","type":"post","link":"https:\/\/tradebrains.in\/features\/healthcare-stock-jumped-5-after-company-announces-profit-increase-of-70-in-q2\/","title":{"rendered":"Healthcare stock jumped 5% after company announces profit increase of 70% in Q2"},"content":{"rendered":"<div class=\"trade-content_2\" style=\"margin-left: auto;margin-right: auto;text-align: center;\" id=\"trade-2673402524\"><p><a href=\"https:\/\/tradebrains.in\/get\/telegram\/\"><img decoding=\"async\" class=\"alignnone wp-image-101992\" src=\"https:\/\/tradebrains.in\/features\/wp-content\/uploads\/2023\/01\/telegram-channel-300x119.png\" alt=\"\" width=\"148\" height=\"59\" \/><\/a> <a href=\"https:\/\/news.google.com\/publications\/CAAqBwgKMN3Epgswxc--Aw?hl=en-IN&amp;gl=IN&amp;ceid=IN%3Aen\"><img decoding=\"async\" class=\"alignnone wp-image-123430\" src=\"https:\/\/tradebrains.in\/features\/wp-content\/uploads\/2024\/05\/follow-on-google-news-300x82.png\" alt=\"follow-on-google-news\" width=\"222\" height=\"61\" srcset=\"https:\/\/tradebrains.in\/features\/wp-content\/uploads\/2024\/05\/follow-on-google-news-300x82.png 300w, https:\/\/tradebrains.in\/features\/wp-content\/uploads\/2024\/05\/follow-on-google-news-150x41.png 150w, https:\/\/tradebrains.in\/features\/wp-content\/uploads\/2024\/05\/follow-on-google-news.png 468w\" sizes=\"(max-width: 222px) 100vw, 222px\" \/><\/a><\/p>\n<\/div><p>Shares of this smallcap health care company gained 5.07 percent when the company reported robust growth in Q2FY24 with profit increasing by 70 percent. The company has a market capitalization of Rs. 3,199.21 crores.&nbsp;<\/p><div class=\"trade-content_7\" style=\"margin-left: auto;margin-right: auto;text-align: center;\" id=\"trade-2252707025\"><!-- Composite Start --> \r\n <div id=\"M923760ScriptRootC1549812\"> \r\n <\/div> \r\n <script src=\"https:\/\/jsc.mgid.com\/t\/r\/tradebrains.in.1549812.js\" async> \r\n <\/script> \r\n <!-- Composite End --><\/div><p>At 11:21, 8th November shares of Yatharth Hospital &amp; Trauma Cre Srvcs Ltd were trading at Rs. 393.65 per share, up by 5.07 percent from previous closing price of Rs. 374.65 per share. The stock has delivered 17.91 percent returns in the last 6 months.&nbsp;<\/p><p>Such bullish stock price movements were observed after the company announced results for Q2FY24 and reported 70 percent profit growth to Rs. 276 crores from Rs. 162 crores on yearly basis. Moreover, revenue growth of 34 percent was witnessed and the company reported PAT margins increase by 345 bps to 16.1 percent compared to the same quarter of previous financial year.&nbsp;<\/p><p>Looking at the profitability ratios, the company reported return on equity (ROE) of 43.87 percent and return on capital employed (ROCE) of 26.88 percent in the last financial year.&nbsp;<\/p><div class=\"trade-content_5\" id=\"trade-1408131699\"><script async src=\"https:\/\/pagead2.googlesyndication.com\/pagead\/js\/adsbygoogle.js?client=ca-pub-4023722985638610\"\r\n     crossorigin=\"anonymous\"><\/script>\r\n<!-- in_content_2_news -->\r\n<ins class=\"adsbygoogle\"\r\n     style=\"display:block\"\r\n     data-ad-client=\"ca-pub-4023722985638610\"\r\n     data-ad-slot=\"7925020301\"\r\n     data-ad-format=\"auto\"\r\n     data-full-width-responsive=\"true\"><\/ins>\r\n<script>\r\n     (adsbygoogle = window.adsbygoogle || []).push({});\r\n<\/script><\/div><p>The company&#8217;s promoters possess roughly 66.33 percent of the shares, while the public owns 19.37 percent with the direct institutional investors (DIIs) holding about 8.8 percent leaving the remaining 5.42 percent shares with the foreign institutional investors (FIIs).&nbsp;<\/p><p>Established in 2008, Yatharth Hospital and Trauma Care Services Limited is a multi-care hospitals in Noida, Greater Noida, and Noida Extension, Uttar Pradesh providing a wide spectrum of super speciality services in the field of cardiology, neurology etc.&nbsp;<\/p><blockquote class=\"wp-block-quote is-layout-flow wp-block-quote-is-layout-flow\"><p><strong>Written by: Vinit Israni&nbsp;<\/strong><\/p><\/blockquote><h4 class=\"wp-block-heading\" id=\"h-disclaimer\"><strong>Disclaimer<\/strong><\/h4><div class=\"wp-block-image\"><figure class=\"aligncenter size-medium\"><img decoding=\"async\" width=\"300\" height=\"300\" src=\"https:\/\/tradebrains.in\/features\/wp-content\/uploads\/2022\/02\/warning-disclaimer-300x300.png\" alt=\"\" class=\"wp-image-26306\"\/><\/figure><\/div><p><strong>The views and investment tips expressed by investment experts\/broking houses\/rating agencies on tradebrains.in are their own, and not that of the website or its management. Investing in equities poses a risk of financial losses. Investors must therefore exercise due caution while investing or trading in stocks. Dailyraven Technologies or the author are not liable for any losses caused as a result of the decision based on this article. Please consult your investment advisor before investing.<\/strong><\/p><div class=\"trade-after-content\" id=\"trade-2588196458\"><div id=\"taboola-below-article-thumbnails\"><\/div>\r\n<script type=\"text\/javascript\">\r\n  window._taboola = window._taboola || [];\r\n  _taboola.push({\r\n    mode: 'alternating-thumbnails-a',\r\n    container: 'taboola-below-article-thumbnails',\r\n    placement: 'Below Article Thumbnails',\r\n    target_type: 'mix'\r\n  });\r\n<\/script>\r\n<script type=\"text\/javascript\">\r\n  window._taboola = window._taboola || [];\r\n  _taboola.push({flush: true});\r\n<\/script><\/div>","protected":false},"excerpt":{"rendered":"<p>Shares of this smallcap health care company gained 5.07 percent when the company reported robust growth in Q2FY24 with profit increasing by 70 percent. The company has a market capitalization of Rs. 3,199.21 crores.&nbsp; At 11:21, 8th November shares of Yatharth Hospital &amp; Trauma Cre Srvcs Ltd were trading at Rs. 393.65 per share, up [&hellip;]<\/p>\n","protected":false},"author":5,"featured_media":20407,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_et_pb_use_builder":"","_et_pb_old_content":"","_et_gb_content_width":"","footnotes":""},"categories":[31,13525],"tags":[],"class_list":["post-113362","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-news","category-stock-updates"],"yoast_head":"<!-- This site is optimized with the Yoast SEO Premium plugin v20.5 (Yoast SEO v25.0) - https:\/\/yoast.com\/wordpress\/plugins\/seo\/ -->\n<title>Healthcare stock jumped 5% after company announces profit increase of 70% in Q2 - Trade Brains Features<\/title>\n<meta name=\"description\" content=\"Shares of this smallcap health care company gained 5.07 percent when the company reported robust growth in Q2FY24 with profit increasing by 70 percent. The company has a market capitalization of Rs. 3,199.21 crores.\u00a0\" \/>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/tradebrains.in\/features\/healthcare-stock-jumped-5-after-company-announces-profit-increase-of-70-in-q2\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Healthcare stock jumped 5% after company announces profit increase of 70% in Q2\" \/>\n<meta property=\"og:description\" content=\"Shares of this smallcap health care company gained 5.07 percent when the company reported robust growth in Q2FY24 with profit increasing by 70 percent. The company has a market capitalization of Rs. 3,199.21 crores.\u00a0\" \/>\n<meta property=\"og:url\" content=\"https:\/\/tradebrains.in\/features\/healthcare-stock-jumped-5-after-company-announces-profit-increase-of-70-in-q2\/\" \/>\n<meta property=\"og:site_name\" content=\"Trade Brains Features\" \/>\n<meta property=\"article:publisher\" content=\"https:\/\/www.facebook.com\/TradeBrainsOfficial\/\" \/>\n<meta property=\"article:published_time\" content=\"2023-11-08T06:49:09+00:00\" \/>\n<meta property=\"article:modified_time\" content=\"2023-11-08T07:23:55+00:00\" \/>\n<meta property=\"og:image\" content=\"https:\/\/tradebrains.in\/features\/wp-content\/uploads\/2022\/02\/Hospitals-Cover-Image.jpg\" \/>\n\t<meta property=\"og:image:width\" content=\"1280\" \/>\n\t<meta property=\"og:image:height\" content=\"854\" \/>\n\t<meta property=\"og:image:type\" content=\"image\/jpeg\" \/>\n<meta name=\"author\" content=\"Trade Brains\" \/>\n<meta name=\"twitter:card\" content=\"summary_large_image\" \/>\n<meta name=\"twitter:image\" content=\"https:\/\/tradebrains.in\/features\/wp-content\/uploads\/2022\/02\/Hospitals-Cover-Image.jpg\" \/>\n<meta name=\"twitter:creator\" content=\"@TradeBrainsGrp\" \/>\n<meta name=\"twitter:site\" content=\"@TradeBrainsGrp\" \/>\n<meta name=\"twitter:label1\" content=\"Written by\" \/>\n\t<meta name=\"twitter:data1\" content=\"Trade Brains\" \/>\n\t<meta name=\"twitter:label2\" content=\"Est. reading time\" \/>\n\t<meta name=\"twitter:data2\" content=\"2 minutes\" \/>\n<script type=\"application\/ld+json\" class=\"yoast-schema-graph\">{\"@context\":\"https:\/\/schema.org\",\"@graph\":[{\"@type\":\"WebPage\",\"@id\":\"https:\/\/tradebrains.in\/features\/healthcare-stock-jumped-5-after-company-announces-profit-increase-of-70-in-q2\/\",\"url\":\"https:\/\/tradebrains.in\/features\/healthcare-stock-jumped-5-after-company-announces-profit-increase-of-70-in-q2\/\",\"name\":\"Healthcare stock jumped 5% after company announces profit increase of 70% in Q2 - Trade Brains Features\",\"isPartOf\":{\"@id\":\"https:\/\/tradebrains.in\/features\/#website\"},\"primaryImageOfPage\":{\"@id\":\"https:\/\/tradebrains.in\/features\/healthcare-stock-jumped-5-after-company-announces-profit-increase-of-70-in-q2\/#primaryimage\"},\"image\":{\"@id\":\"https:\/\/tradebrains.in\/features\/healthcare-stock-jumped-5-after-company-announces-profit-increase-of-70-in-q2\/#primaryimage\"},\"thumbnailUrl\":\"https:\/\/tradebrains.in\/features\/wp-content\/uploads\/2022\/02\/Hospitals-Cover-Image.jpg\",\"datePublished\":\"2023-11-08T06:49:09+00:00\",\"dateModified\":\"2023-11-08T07:23:55+00:00\",\"author\":{\"@id\":\"https:\/\/tradebrains.in\/features\/#\/schema\/person\/640937d840c7695c8f8995dd15ae0666\"},\"description\":\"Shares of this smallcap health care company gained 5.07 percent when the company reported robust growth in Q2FY24 with profit increasing by 70 percent. The company has a market capitalization of Rs. 3,199.21 crores.\u00a0\",\"breadcrumb\":{\"@id\":\"https:\/\/tradebrains.in\/features\/healthcare-stock-jumped-5-after-company-announces-profit-increase-of-70-in-q2\/#breadcrumb\"},\"inLanguage\":\"en-US\",\"potentialAction\":[{\"@type\":\"ReadAction\",\"target\":[\"https:\/\/tradebrains.in\/features\/healthcare-stock-jumped-5-after-company-announces-profit-increase-of-70-in-q2\/\"]}]},{\"@type\":\"ImageObject\",\"inLanguage\":\"en-US\",\"@id\":\"https:\/\/tradebrains.in\/features\/healthcare-stock-jumped-5-after-company-announces-profit-increase-of-70-in-q2\/#primaryimage\",\"url\":\"https:\/\/tradebrains.in\/features\/wp-content\/uploads\/2022\/02\/Hospitals-Cover-Image.jpg\",\"contentUrl\":\"https:\/\/tradebrains.in\/features\/wp-content\/uploads\/2022\/02\/Hospitals-Cover-Image.jpg\",\"width\":1280,\"height\":854,\"caption\":\"Hospitals\"},{\"@type\":\"BreadcrumbList\",\"@id\":\"https:\/\/tradebrains.in\/features\/healthcare-stock-jumped-5-after-company-announces-profit-increase-of-70-in-q2\/#breadcrumb\",\"itemListElement\":[{\"@type\":\"ListItem\",\"position\":1,\"name\":\"Home\",\"item\":\"https:\/\/tradebrains.in\/features\/\"},{\"@type\":\"ListItem\",\"position\":2,\"name\":\"Healthcare stock jumped 5% after company announces profit increase of 70% in Q2\"}]},{\"@type\":\"WebSite\",\"@id\":\"https:\/\/tradebrains.in\/features\/#website\",\"url\":\"https:\/\/tradebrains.in\/features\/\",\"name\":\"Trade Brains\",\"description\":\"Stock Market NSE\/BSE Latest News\",\"potentialAction\":[{\"@type\":\"SearchAction\",\"target\":{\"@type\":\"EntryPoint\",\"urlTemplate\":\"https:\/\/tradebrains.in\/features\/?s={search_term_string}\"},\"query-input\":{\"@type\":\"PropertyValueSpecification\",\"valueRequired\":true,\"valueName\":\"search_term_string\"}}],\"inLanguage\":\"en-US\"},{\"@type\":\"Person\",\"@id\":\"https:\/\/tradebrains.in\/features\/#\/schema\/person\/640937d840c7695c8f8995dd15ae0666\",\"name\":\"Trade Brains\",\"image\":{\"@type\":\"ImageObject\",\"inLanguage\":\"en-US\",\"@id\":\"https:\/\/tradebrains.in\/features\/#\/schema\/person\/image\/\",\"url\":\"https:\/\/secure.gravatar.com\/avatar\/bd7d6331c5ab74181158fb2f0f0d9eada16909507ed513a20867478cf3bbdd43?s=96&d=mm&r=g\",\"contentUrl\":\"https:\/\/secure.gravatar.com\/avatar\/bd7d6331c5ab74181158fb2f0f0d9eada16909507ed513a20867478cf3bbdd43?s=96&d=mm&r=g\",\"caption\":\"Trade Brains\"},\"sameAs\":[\"http:\/\/tradebrains.in\/\"],\"url\":\"https:\/\/tradebrains.in\/features\/author\/trade-brains\/\"}]}<\/script>\n<!-- \/ Yoast SEO Premium plugin. -->","yoast_head_json":{"title":"Healthcare stock jumped 5% after company announces profit increase of 70% in Q2 - Trade Brains Features","description":"Shares of this smallcap health care company gained 5.07 percent when the company reported robust growth in Q2FY24 with profit increasing by 70 percent. The company has a market capitalization of Rs. 3,199.21 crores.\u00a0","robots":{"index":"index","follow":"follow","max-snippet":"max-snippet:-1","max-image-preview":"max-image-preview:large","max-video-preview":"max-video-preview:-1"},"canonical":"https:\/\/tradebrains.in\/features\/healthcare-stock-jumped-5-after-company-announces-profit-increase-of-70-in-q2\/","og_locale":"en_US","og_type":"article","og_title":"Healthcare stock jumped 5% after company announces profit increase of 70% in Q2","og_description":"Shares of this smallcap health care company gained 5.07 percent when the company reported robust growth in Q2FY24 with profit increasing by 70 percent. The company has a market capitalization of Rs. 3,199.21 crores.\u00a0","og_url":"https:\/\/tradebrains.in\/features\/healthcare-stock-jumped-5-after-company-announces-profit-increase-of-70-in-q2\/","og_site_name":"Trade Brains Features","article_publisher":"https:\/\/www.facebook.com\/TradeBrainsOfficial\/","article_published_time":"2023-11-08T06:49:09+00:00","article_modified_time":"2023-11-08T07:23:55+00:00","og_image":[{"width":1280,"height":854,"url":"https:\/\/tradebrains.in\/features\/wp-content\/uploads\/2022\/02\/Hospitals-Cover-Image.jpg","type":"image\/jpeg"}],"author":"Trade Brains","twitter_card":"summary_large_image","twitter_image":"https:\/\/tradebrains.in\/features\/wp-content\/uploads\/2022\/02\/Hospitals-Cover-Image.jpg","twitter_creator":"@TradeBrainsGrp","twitter_site":"@TradeBrainsGrp","twitter_misc":{"Written by":"Trade Brains","Est. reading time":"2 minutes"},"schema":{"@context":"https:\/\/schema.org","@graph":[{"@type":"WebPage","@id":"https:\/\/tradebrains.in\/features\/healthcare-stock-jumped-5-after-company-announces-profit-increase-of-70-in-q2\/","url":"https:\/\/tradebrains.in\/features\/healthcare-stock-jumped-5-after-company-announces-profit-increase-of-70-in-q2\/","name":"Healthcare stock jumped 5% after company announces profit increase of 70% in Q2 - Trade Brains Features","isPartOf":{"@id":"https:\/\/tradebrains.in\/features\/#website"},"primaryImageOfPage":{"@id":"https:\/\/tradebrains.in\/features\/healthcare-stock-jumped-5-after-company-announces-profit-increase-of-70-in-q2\/#primaryimage"},"image":{"@id":"https:\/\/tradebrains.in\/features\/healthcare-stock-jumped-5-after-company-announces-profit-increase-of-70-in-q2\/#primaryimage"},"thumbnailUrl":"https:\/\/tradebrains.in\/features\/wp-content\/uploads\/2022\/02\/Hospitals-Cover-Image.jpg","datePublished":"2023-11-08T06:49:09+00:00","dateModified":"2023-11-08T07:23:55+00:00","author":{"@id":"https:\/\/tradebrains.in\/features\/#\/schema\/person\/640937d840c7695c8f8995dd15ae0666"},"description":"Shares of this smallcap health care company gained 5.07 percent when the company reported robust growth in Q2FY24 with profit increasing by 70 percent. The company has a market capitalization of Rs. 3,199.21 crores.\u00a0","breadcrumb":{"@id":"https:\/\/tradebrains.in\/features\/healthcare-stock-jumped-5-after-company-announces-profit-increase-of-70-in-q2\/#breadcrumb"},"inLanguage":"en-US","potentialAction":[{"@type":"ReadAction","target":["https:\/\/tradebrains.in\/features\/healthcare-stock-jumped-5-after-company-announces-profit-increase-of-70-in-q2\/"]}]},{"@type":"ImageObject","inLanguage":"en-US","@id":"https:\/\/tradebrains.in\/features\/healthcare-stock-jumped-5-after-company-announces-profit-increase-of-70-in-q2\/#primaryimage","url":"https:\/\/tradebrains.in\/features\/wp-content\/uploads\/2022\/02\/Hospitals-Cover-Image.jpg","contentUrl":"https:\/\/tradebrains.in\/features\/wp-content\/uploads\/2022\/02\/Hospitals-Cover-Image.jpg","width":1280,"height":854,"caption":"Hospitals"},{"@type":"BreadcrumbList","@id":"https:\/\/tradebrains.in\/features\/healthcare-stock-jumped-5-after-company-announces-profit-increase-of-70-in-q2\/#breadcrumb","itemListElement":[{"@type":"ListItem","position":1,"name":"Home","item":"https:\/\/tradebrains.in\/features\/"},{"@type":"ListItem","position":2,"name":"Healthcare stock jumped 5% after company announces profit increase of 70% in Q2"}]},{"@type":"WebSite","@id":"https:\/\/tradebrains.in\/features\/#website","url":"https:\/\/tradebrains.in\/features\/","name":"Trade Brains","description":"Stock Market NSE\/BSE Latest News","potentialAction":[{"@type":"SearchAction","target":{"@type":"EntryPoint","urlTemplate":"https:\/\/tradebrains.in\/features\/?s={search_term_string}"},"query-input":{"@type":"PropertyValueSpecification","valueRequired":true,"valueName":"search_term_string"}}],"inLanguage":"en-US"},{"@type":"Person","@id":"https:\/\/tradebrains.in\/features\/#\/schema\/person\/640937d840c7695c8f8995dd15ae0666","name":"Trade Brains","image":{"@type":"ImageObject","inLanguage":"en-US","@id":"https:\/\/tradebrains.in\/features\/#\/schema\/person\/image\/","url":"https:\/\/secure.gravatar.com\/avatar\/bd7d6331c5ab74181158fb2f0f0d9eada16909507ed513a20867478cf3bbdd43?s=96&d=mm&r=g","contentUrl":"https:\/\/secure.gravatar.com\/avatar\/bd7d6331c5ab74181158fb2f0f0d9eada16909507ed513a20867478cf3bbdd43?s=96&d=mm&r=g","caption":"Trade Brains"},"sameAs":["http:\/\/tradebrains.in\/"],"url":"https:\/\/tradebrains.in\/features\/author\/trade-brains\/"}]}},"_links":{"self":[{"href":"https:\/\/tradebrains.in\/features\/wp-json\/wp\/v2\/posts\/113362","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/tradebrains.in\/features\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/tradebrains.in\/features\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/tradebrains.in\/features\/wp-json\/wp\/v2\/users\/5"}],"replies":[{"embeddable":true,"href":"https:\/\/tradebrains.in\/features\/wp-json\/wp\/v2\/comments?post=113362"}],"version-history":[{"count":1,"href":"https:\/\/tradebrains.in\/features\/wp-json\/wp\/v2\/posts\/113362\/revisions"}],"predecessor-version":[{"id":113365,"href":"https:\/\/tradebrains.in\/features\/wp-json\/wp\/v2\/posts\/113362\/revisions\/113365"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/tradebrains.in\/features\/wp-json\/wp\/v2\/media\/20407"}],"wp:attachment":[{"href":"https:\/\/tradebrains.in\/features\/wp-json\/wp\/v2\/media?parent=113362"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/tradebrains.in\/features\/wp-json\/wp\/v2\/categories?post=113362"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/tradebrains.in\/features\/wp-json\/wp\/v2\/tags?post=113362"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}