Narayana Hrudayalay.

Feb 20 (Reuters) - Narayana Hrudayalaya Ltd NARY.NS:

• NARAYANA HRUDAYALAYA LTD - COMPANY PURCHASES 3.3 ACRES OF LAND

• NARAYANA HRUDAYALAYA LTD - LAND BUY IN BENGALURU FOR SOFTWARE DEVELOPMENT AND BUSINESS EXPANSION

Source text: ID:nNSE99F9BS

Further company coverage: NARY.NS

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Feb 13 (Reuters) - Narayana Hrudayalaya Ltd NARY.NS:

• NARAYANA HRUDAYALAYA LTD DEC-QUARTER CONSOL NET PROFIT 1.27 BILLION RUPEES

• NARAYANA HRUDAYALAYA LTD DEC-QUARTER CONSOL REVENUE FROM OPERATIONS 21.51 BILLION RUPEES

Source text: [ID:]

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By Rishika Sadam

Jan 14 (Reuters) - India's Narayana Hrudayalaya NARY.NS plans to expand into select Western markets, exporting its low-cost healthcare model as it continues to scale operations at home, a senior executive said.

The Bengaluru-based chain, also called Narayana Health, was established in 2000 by renowned cardiac surgeon Devi Shetty.

The group, which counts cardiac services as its largest segment, is considering future forays into parts of the Caribbean, Europe and other developed markets, Group Chief Financial Officer Sandhya J told Reuters in an interview.

"We're looking at markets where there is a stable rule of law and where other private players have been able to operate and create a mark," she said on Tuesday.

Narayana Health has a facility in the Cayman Islands and acquired the UK's Practice Plus Group Hospitals last year, facilitating its entry into the UK.

"At the moment, we will only focus on doubling down and making the UK (investment) successful for us...," she said, adding that the group will look out for further international expansion after its UK unit is strengthened.

The company operates over 5,900 beds and plans to add 2,000 more in India over the next three years. This domestic expansion involves an investment of 30 billion rupees ($332.61 million).

Narayana competes with Apollo Hospitals APLH.NS, which has a capacity of over 10,000 beds and plans to add 3,600 more over five years.

Manipal Health Enterprises has also grown its capacity to approximately 12,600 beds.

For fiscal 2025, Narayana Health reported a 12.1% rise in revenue to 54.83 billion rupees ($608.30 million). Its CFO expects similar organic growth next year.

Apollo reported revenue of 217.94 billion rupees for the year ending March 2025.

($1 = 90.1960 Indian rupees)

(Reporting by Rishika Sadam; Editing by Nivedita Bhattacharjee)

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Oct 8 (Reuters) - Narayana Hrudayalaya Ltd NARY.NS:

• NARAYANA HRUDAYALAYA - HEALTH CITY CAYMAN ISLANDS INCORPORATED UNIT IN UK

Source text: ID:nNSEc7kbHw

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June 26 (Reuters) - Narayana Hrudayalaya Ltd NARY.NS:

• NARAYANA HRUDAYALAYA - HEALTH EXECUTES LAND DEALS WORTH 2.46 BILLION RUPEES IN BENGALURU

Source text: ID:nNSE9slRNZ

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April 29 (Reuters) - Narayana Hrudayalaya Ltd NARY.NS:

• GETS TAX PENALTY ORDER OF 22.2 MILLION RUPEES

Source text: ID:nNSE8GTGSX

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MUMBAI, Feb 14 (Reuters) - India's Narayana Hrudayalaya NARY.NS has accepted bids worth 5 billion rupees ($57.5 million) for bonds maturing in five years, three bankers said on Friday.

It will pay an annual coupon of 8.40% on this issue and had invited bids from bankers and investors earlier in the day, they said.

The issue has a put/call option at end of three years and six months.

The company did not immediately reply to a Reuters email seeking comment.

Here is the list of deals reported so far on February 14:

*Size includes base plus greenshoe for some issues

($1 = 86.8900 Indian rupees)

(Reporting by Dharamraj Dhutia; Editing by Savio D'Souza)

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MUMBAI, Feb 13 (Reuters) - India's Narayana Hrudayalaya NARY.NS plans to raise 5 billion rupees ($57.6 million) through the sale of bonds maturing in five years, three bankers said on Thursday.

It will pay an annual coupon of 8.40% and has invited bids from bankers and investors for the issue on Friday, they said.

The issue has a put/call option at end of three years and six months.

The company did not immediately reply to a Reuters email seeking comment.

Here is the list of deals reported so far on February 13:

*Size includes base plus greenshoe for some issues

($1 = 86.8630 Indian rupees)

(Reporting by Dharamraj Dhutia
Editing by Eileen Soreng)

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** Spire Healthcare SPI.L shares rise 8% on Friday, top gainer in Britain's FTSE 250 .FTMC

** Economic Times reports India's Narayana Health NARY.NS is in advanced talks to acquire a controlling stake in Spire Healthcare, citing people aware of the matter

** Indian co. aims to secure a 51%-75% stake, potentially taking the company private, Economic Times says

** Spire Health, Narayana Health did not immediately respond to request for comment

(Reporting by Samuel Indyk; Editing by Amanda Cooper)

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** Narayana Hrudayalaya NARY.NS falls 2.2% to 1,221.40 rupees

** Healthcare services provider's Q2 consol net profit drops 12% to 1.99 bln rupees ($23.7 mln), hurt by higher expenses

** However, rev from ops rises 7.3%

** Stock rated "hold" on avg vs "buy" rating for peers Torrent Pharmaceuticals TORP.NS and Max Healthcare Institute MAXE.NS - LSEG

** Stock up ~2% YTD, while TORP and MAXE are up ~38% and ~49%, respectively

($1 = 84.1050 Indian rupees)

(Reporting by Dimpal Gulwani in Bengaluru)

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Oct 31 (Reuters) - Narayana Hrudayalaya Ltd NARY.NS:

• NARAYANA HRUDAYALAYA - RE-APPOINTMENT OF EMMANUEL RUPERT AS MD AND GROUP CEO

• NARAYANA HRUDAYALAYA SEPT-QUARTER CONSOL NET PROFIT 1.99 BILLION RUPEES

• NARAYANA HRUDAYALAYA SEPT-QUARTER CONSOL REVENUE FROM OPERATIONS 14 BILLION RUPEES

Source text: ID:nBSEJL8Sh

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** Shares of Max Healthcare MAXE.NS rise about 2.5% to 954 rupees apiece

** The hospital chain on Friday announced an agreement with Lakshdeep Group to buy a 64% stake in Jaypee Healthcare at an enterprise value of 16.60 bln rupees ($198.31 mln)

** Jaypee Healthcare is currently undergoing the corporate insolvency resolution process

** Acquisition expands presence of MAXE in Noida and is in line with the strategy to leverage cash to boost growth through inorganic initiatives, says Ambit

** Brokerage terms it its second best pick in hospitals segment after Narayana Hrudayalaya NARY.NS

** The mean recommendation of 16 analysts tracking MAXE is "buy"; target price is at 947.50 rupees, around current levels - LSEG data

** Stock up 39% in 2024 so far, mirroring the performance of Nifty healthcare index .NIFHEIN - Exchange data

($1 = 83.7080 Indian rupees)

(Reporting by Bharath Rajeswaran in Bengaluru)

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** Faster ramp-up of new Cayman unit will be key for India's Narayana Hrudayalaya NARY.NS, says Prabhudas Lilladher

** Brokerage retains "buy" rating, hikes PT to 1,420 rupees from 1,350 rupees

** Co rated "hold" on average; median PT at 1,386 rupees - LSEG

** Stock up 0.7% on the day, taking YTD rise to 6.6%

** Co counts Cayman among "high-performing regions" where it plans to direct its capex spends, note says

** Co says new Cayman unit will be commercialised in Q3, estimates initial three or four quarters will be margin dilutive

** Benefits of NARY's expansion plans for India units (Bengaluru, Kolkata, Raipur) - through organic and inorganic routes - will be seen from FY28/29, Prabhudas Lilladher note says

** Adds, co sees likely dip in medical tourism due to recent Bangladesh political unrest

(Reporting by Hritam Mukherjee in Bengaluru)

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** Shares of Indraprastha Medical Corp IMCL.NS jump as much as 20% to hit a record high of 262.80 rupees

** Co on Monday reported ~47% jump in Q1 profit, while rev rose 13.5% y/y

** IMCL stock is top gainer among hospital-related shares, up 75% YTD

** Shares of peers Max Healthcare MAXE.NS up 26%, Rainbow Children's RAIB.NS up 1%, Fortis Healthcare FOHE.NS up 23%, Narayana Hrudayalaya NARY.NS up 4%, while Apollo Hospital APLH.NS up 17% YTD

(Reporting by Sethuraman NR in Bengaluru)

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Aug 2 (Reuters) - Narayana Hrudayalaya Ltd NARY.NS:

• JUNE-QUARTER CONSOL NET PROFIT 2.01 BILLION RUPEES

• JUNE-QUARTER CONSOL REVENUE FROM OPERATIONS 13.41 BILLION RUPEES

Source text for Eikon: ID:nBSE3S8JXP

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** Max Healthcare Institute MAXE.NS shares up ~8.6% to 871.2 rupees, highest since mid-April

** Brokerage Ambit says the heathcare services co holds dominance in brownfield market segment sees MAXE's bed-addition plans as most aggressive among peers

** Adds, higher brownfield expansion plans in core market regions such as Delhi, Lucknow are key drivers of co's core profit growth

** Sees MAXE as second-top hospitals pick following Narayana Hrudayalaya NARY.NS

** Maintains "Buy" rating on stock; PT of 920 rupees/share unchanged, at ~15% premium on last close

** Stock on track to log biggest one-day percentage gain since Sept. 2022

** Analysts' avg rating on stock is "Buy", median PT is 885 rupees - LSEG data

** Including session's gains, stock is up ~27% YTD vs ~17% rise in the Nifty mid-cap index .NIFMDCP100

(Reporting by Manvi Pant in Bengaluru)

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Narayana Hrudayalaya Ltd NARY.NS:

• NARAYANA HRUDAYALAYA LTD - DIVIDEND 4 RUPEESPER SHARE

• NARAYANA HRUDAYALAYA MARCH-QUARTER CONSOL NET PROFIT 1.91 BILLION RUPEES VERSUS PROFIT 1.73 BILLION RUPEES

• NARAYANA HRUDAYALAYA MARCH-QUARTER CONSOL REVENUE FROM OPERATIONS 12.79 BILLION RUPEES VERSUS 12.22 BILLION RUPEES

• NARAYANA HRUDAYALAYA - BOARD RESOLVED TO SEEK ENABLING APPROVAL FROM SHAREHOLDERS FOR ISSUING DEBT SECURITIES FOR 12 BILLION RUPEES IN A FINANCIAL YEAR

Source text for Eikon: ID:nBSEbBSz7Y

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March 5 (Reuters) - Narayana Hrudayalaya Ltd NARY.NS:

• NARAYANA HRUDAYALAYA LTD - FINALIZED THE ISSUANCE OF NCDS WORTH UPTO 3 BILLION RUPEES

• NARAYANA HRUDAYALAYA LTD - FINALIZED THE ISSUANCE OF NCDS ON PRIVATE PLACEMENT BASIS

Source text for Eikon: ID:nBSE4PpMRb

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Feb 23 (Reuters) - Narayana Hrudayalaya Ltd NARY.NS:

• CO ALLOTTED 7.26 ACRES OF LAND IN NEW TOWN, KOLKATA

• LAND ALLOTED FOR SETTING UP A HEALTHCARE FACILITY

Source text for Eikon: ID:nBSEmDD7q

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Feb 14 (Reuters) - Narayana Hrudayalaya Ltd NARY.NS:

• NARAYANA HRUDAYALAYA DEC-QUARTER CONSOL NET PROFIT 1.88 BILLION RUPEES VERSUS PROFIT 1.54 BILLION RUPEES

• NARAYANA HRUDAYALAYA LTD DEC-QUARTER CONSOL REVENUE FROM OPERATIONS 12.04 BILLION RUPEES VERSUS 11.28 BILLION RUPEES

Source text for Eikon: ID:nBSE6QQvCH

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** Shares of Narayana Hrudayalaya NARY.NS rise as much as 4% to 1265.80 rupees

** Healthcare services provider's unit gets licence from Insurance Regulatory and Development Authority of India to exclusively carry on health insurance business

** Trading volume 1.5x the 30-day moving average

** NARY rose for sixth consecutive qtr in Dec-qtr

** Avg rating of five analysts on NARY at "buy"; median PT is 1,195 rupees - LSEG

** Stock rose ~58% in 2023, its best year till date

(Reporting by Kashish Tandon in Bengaluru)

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Jan 5 (Reuters) - Narayana Hrudayalaya Ltd NARY.NS:

• NARAYANA HEALTH INSURANCE HAS BEEN GRANTED LICENSE BY INSURANCE REGULATORY AND DEVELOPMENT AUTHORITY OF INDIA

• LICENSE TO EXCLUSIVELY CARRY ON HEALTH INSURANCE BUSINESS

Source text for Eikon: ID:nBSE1dC66x

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** Shares of Narayana Hrudayalaya NARY.NS jump as much as 9% to a record 1,182 rupees

** The healthcare services provider reported 34.3% Y/Y rise in consolidated net profit after revenue from operations rose 14.3%

** Stock trading above 50-day, 100-day and 200-day exponential moving averages, suggesting bullish trend; posts biggest intraday pct gain since May 22

** More than 924,000 shares trade by 10:05 a.m. IST, 4.4x the 30-day avg

** NARY currently up 5.1%, pushing YTD gains to 50%

(Reporting by Navamya Ganesh Acharya)

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Nov 13 (Reuters) - Narayana Hrudayalaya Ltd NARY.NS:

• INDIA'S NARAYANA HRUDAYALAYA SEPT-QUARTER CONSOL NET PROFIT 2.27 BILLION RUPEES VERSUS PROFIT 1.69 BILLION RUPEES

• NARAYANA HRUDAYALAYA SEPT-QUARTER CONSOL REVENUE FROM OPERATIONS 13.05 BILLION RUPEES VERSUS 11.42 BILLION RUPEES

Source text for Eikon: ID:nBSE25TrXJ

Further company coverage: NARY.NS

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Aug 2 (Reuters) - Narayana Hrudayalaya Ltd NARY.NS:

• INDIA'S NARAYANA HRUDAYALAYA JUNE-QUARTER CONSOL NET PROFIT 1.84 BILLION RUPEES VERSUS PROFIT 1.11 BILLION RUPEES

• NARAYANA HRUDAYALAYA JUNE-QUARTER CONSOL REVENUE FROM OPERATIONS 12.33 BILLION RUPEES VERSUS 10.33 BILLION RUPEES

Source text for Eikon: ID:nBSEbDX3kN

Further company coverage: NARY.NS

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** Shares of Narayana Hrudayalaya NARY.NS fall as much as 3.34% to 988.30 rupees

** Kotak Institutional Equities downgrades stock to "reduce," but hikes PT to 1,000 rupees due to a rally over the past year

** Says co's domestic business lags peers on key metrics due to lack of adequate success in operations beyond Kolkata and Bengaluru

** Although co has been prudent in expansion with higher focus on core markets, we remain wary of any significant future overseas expansion - Kotak

** Brokerage expects elevated capex intensity beyond FY23 for NARY, with cumulative capex of 27.4 bln rupees ($334.2 mln) over FY24-26

** Brokerage recommends booking profits, taking advantage of the sharp ~60% rally over the past one year

** Six brokerages rate stock 'buy' or higher, and 1 'sell;' their median PT is 1,000 rupees - Refinitiv data

** Including session's move, stock up ~31% YTD

($1 = 81.9850 Indian rupees)

(Reporting by Nishit Navin in Bengaluru)

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May 24 (Reuters) - Narayana Hrudayalaya Ltd NARY.NS:

• NARAYANA HRUDAYALAYA LTD - INCORPORATED UNIT NARAYANA HEALTH INSURANCE

Source text for Eikon: ID:nBSE7g4bH6

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** Shares of Narayana Hrudayalaya Ltd NARY.NS surged as much as 10.72% to a fresh record high of 856 rupees

** Uptick after the healthcare services reported consolidated net profit that nearly tripled in March quarter to 1.73 bln rupees from 689.2 mln rupees a year ago nFWN37G115

** Revenue from operations up 30% to 12.22 bln rupees

** Co approves final dividend of 2.50 rupees per share for the fiscal year 2023, subject to shareholders' approval

** Co fixes July 7 as record date to ascertain shareholders who will be eligible for the dividend

** Stock is most active in six months, with a trading volume of 1.52 mln shares as of 11:31 a.m. IST, more than eight times their 30-day avg - Refinitiv data

** Of the eight analysts tracking NARY, seven maintain "buy" and one recommends "hold"; median PT is 875 rupees

** The relative strength index of NARY is 71, suggesting it may be overbought

(Reporting by Bharath Rajeswaran in Bengaluru)

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May 19 (Reuters) - Narayana Hrudayalaya Ltd NARY.NS:

• MARCH-QUARTER CONSOL NET PROFIT 1.73 BILLION RUPEES VERSUS PROFIT 689.2 MILLION RUPEES

• MARCH-QUARTER CONSOL REVENUE FROM OPERATIONS 12.22 BILLION RUPEES VERSUS 9.41 BILLION RUPEES

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May 12 (Reuters) - Narayana Hrudayalaya Ltd NARY.NS:

• TO CONSIDER PROPOSAL TO RAISE MONEY BY MEANS OF ISSUE OF DEBT SECURITIES ON PRIVATE PLACEMENT BASIS

Source text for Eikon: ID:nBSE93F3W2

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