Narayana Hrudalaya Rs 1250
Narayana Hrudalaya (NH) is one the most trusted names in healthcare having significant market share in cardiology, oncology and nephrology. It has 5789 operational beds as on September 2024 spread over 19 hospitals, 2 heart centres, 18 clinics & dialysis centres and one hospital in Cayman Islands.
NH is not only the cheapest hospital chain available for investment when compared to peers but is also cheap on absolute terms in a hot market where ‘reasonably priced long term growth story’ is almost an oxymoron. Why is this stock in a long-term growth industry like hospital, having impeccable management, best return ratios amongst peers, available at trailing PE of 33?
