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PSN Appasamy s Appasamy Associates, a key player in Indian ophthalmic market, focuses on affordable equipment and cataract surgeries. Warburg Pincus s investment reinforces growth potential in the sector. ....
The brokerage, initiating coverage on the stock with a buy recommendation, said that the company is well placed to deliver an organic revenue growth that is 2x the industry s pace over FY24-26E. ....
Medplus, a pharmacy retail chain based in Hyderabad, has decided to abandon its proposed Rs 1200 crore fundraising plan and has halted the expansion of its diagnostic business. The company will focus on expanding its pharmacy business using internal accruals and working capital loans. ....
MedPlus reported a 21 per cent growth in its revenue from operations to Rs 1,441 crore, driven mainly by a strong performance in its retail business, which contributed 98 per cent to the total, , Medplus ....
The promoter has raised ₹350 crore in debt from Modulus Alternatives to help with the buyout. The fund, borrowed at the promoter level, is being used to refinance the debt. ....