India's Inventurus Knowledge Solutions rises on $565 million TruBridge acquisition

ReutersApr 24, 2026 6:36 AM

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Shares of India's Inventurus Knowledge Solutions INVU.NS jump as much as 9.04%, last up 2.11% at 1465.60 rupees

Tech solutions co agreed to acquire US-based healthcare IT firm TruBridge TBRG.O for upto $565 million

Co says deal expands its presence into U.S. rural and community hospitals beyond its traditional ambulatory-care focus

Brokerage ICICI Direct says deal strengthens IKS' medical records software and billing workflow capabilities, supporting recurring revenue growth and margin expansion

INVU rated "strongbuy" on average by eighth analysts, median PT at 1773.50 rupees --LSEG data

YTD, stock down 13.42%

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