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BUZZ-KKR's investment in India's Healthcare Global to prompt efficiency, PL Capital says

ReutersFeb 28, 2025 9:47 AM

Investment by U.S. private equity firm KKR KKR.N to acquire controlling stake in Healthcare Global Enterprises HEAC.NS will bring in more operational, financial efficiency, PL Capital says

Brokerage raises HEAC's PT to 555 rupees from 535 rupees, maintains "buy" rating

Expects KKR to drive growth in the cancer care provider through bed expansion, assets' rationalization, margins expansion

Co's asset-light approach with focus on partnerships has made its model more capital efficient, scalable, PL Capital says

Stock last down 1.5% amid broader market rout

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