JPMorgan sees strong outlook for hospital stocks and CDMOs
after close1 source ↓written by the desknot a recommendation
- EV/EBITDA
- 23-25 times
The Indian healthcare sector is gaining traction, with hospital stocks projected to compound at high-teens to 20% levels, according to JPMorgan's Bansi Desai. Despite rising valuations to 23-25 times EV/EBITDA, the sector's growth is supported by improved margins and robust balance sheets. This trend indicates sustained investor interest and potential for further expansion.
Not investment advice. For informational purposes only.