Fundamental Radar: Narayana Hrudayalaya poised for over 20% upside from current levels

Narayana Hrudayalaya is engaged in providing economical healthcare services and operates a network of hospitals across the country. The company has increased its total capital expenditure plans for FY24. This will augur well for the ability to grow without material margin/RoCE dilution, says Narendra Solanki of Anand Rathi Shares.