News Digging > News > Stock To Buy: With Steady Performance & Healthy Outlook, This Small Cap Stock Likely To Surge 40%
Stock To Buy: With Steady Performance & Healthy Outlook, This Small Cap Stock Likely To Surge 40%
Stock To Buy: With Steady Performance & Healthy Outlook, This Small Cap Stock Likely To Surge 40%,ijaya Diagnostic Centre’s (Vijaya) Q3FY23 performance was broadly in line with our estimates. Revenues grew 2.1% YoY (-6.3% QoQ) to Rs1.1bn (I-Sec: Rs1.1bn). Covid revenues were negligible during the quarter. EBITDA margin declined 120bps QoQ to 39.1% (I-Sec: 38%) due to negative operating leverage.

Stock To Buy: With Steady Performance & Healthy Outlook, This Small Cap Stock Likely To Surge 40%

ijaya Diagnostic Centre’s (Vijaya) Q3FY23 performance was broadly in line with our estimates. Revenues grew 2.1% YoY (-6.3% QoQ) to Rs1.1bn (I-Sec: Rs1.1bn). Covid revenues were negligible during the quarter. EBITDA margin declined 120bps QoQ to 39.1% (I-Sec: 38%) due to negative operating leverage.