Max Healthcare Institute has announced strong financial results for the September quarter. The company's net profit surged by 74% year-on-year to Rs 491 crore. Revenue from operations also saw a significant increase of 25% to Rs 2,135 crore. This performance reflects robust growth driven by factors like increased occupied bed days and international patient revenue.
Ambit Capital initiated coverage on Zinka Logistics, parent of BlackBuck, with a Buy rating and Rs 885 target price. The brokerage highlighted BlackBuck's emergence as India's largest commercial vehicle technology platform, driven by its expanding tolling and telematics offerings and improved profitability. The company has significantly digitized India's trucking ecosystem, serving a substantial portion of the trucker base.
