Shalby Ltd.

NSE: SHALBY | BSE: 540797 | ISIN: INE597J01018 |Industry: Healthcare Facilities
|Expensive Performer
90.70 1.15 (1.28%)
NSE Oct 23, 2020 15:31 PM
Volume: 579.6K
 

Shalby Ltd.    
10 Dec 2019
90.70
1.28%
buy
ICICI Securities Limited
The company has a strong brand equity mainly in Gujarat. Shalby has witnessed significant growth in volumes across its hospital network. Arthroplasty continues to dominate its revenue pie although it has been witnessing greater traction in other specialities as well. Leverage free balance sheet, strong margins and continuous generation of free cash flows also provide additional cushion in a capex heavy industry. However, margins are still skewed towered the top two hospitals. We initiate Shalby with HOLD recommendation mainly due to high concentration risk. We value...
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Shalby Ltd. has gained 37.53% in the last 6 Months
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