Jefferies bullish on Manipal after ₹9,000 cr acquisitions

Jefferies is bullish on Manipal Hospitals following its ₹9,000 crore acquisition spree. The brokerage cited enhanced scale and market positioning post-acquisitions, boosting long-term growth prospects. Though integration risks exist, the expanded footprint across key cities strengthens its leadership in the private hospital space. The move may support future fundraising plans, including a potential IPO.

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