Rainbow Children's Medicare rallies 9%, hits new high on strong Q2 results

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Rainbow Children's Medicare rallies 9%, hits new high on strong Q2 results - Business Standard

Quick Summary:

Centrum Broking increase its EPS estimates for FY25/FY26/FY27E by 9 per cent/6 per cent/12 per cent factoring maturity profile of beds improving leading to enhanced operating performance.

The brokerage firm predicts sales/Ebitda/PAT compound annual growth rate (CAGR) of 21 per cent/19 per cent/27 per cent over FY24-27E.

Interestingly, Rainbow has planned 400 beds in Gurugram, of which 100 beds will come in FY26E and 300 by FY27E.