Third PPP Project

Park Medi World gets rerating boost as Ventura raises target price to Rs 406; sees 41.9% upside

Park Medi World gets rerating boost as Ventura raises target price to Rs 406; sees 41.9% upside

New Delhi [India], September 2: Shares of Park Medi World Ltd could witness a potential rerating as Ventura Securities maintained its BUY rating on the hospital chain and raised its target price to ₹406 from ₹284, implying a potential upside of 41.9% from the current market price of ₹286. The brokerage has retained a 24-month investment horizon. According to the brokerage, Park Medi World’s growth trajectory has strengthened on the back of accelerated bed additions, robust occupancy levels and emerging expansion opportunities. The company is now positioned to achieve its FY28 capacity target ahead of schedule, while its proposed public-private…
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