Blue Jet Falls on Margin Woes

  Published 10 months ago

Blue Jet Healthcare slides 15% in two days after Q1 margin drop and profit miss; brokerages cut FY26–27 estimates.

  • Stock fell 5% Wednesday after a 10% drop on Tuesday, marking the steepest 2-day fall since November 2023 listing.
  • Gross margin shrank to 48.4% from 54.7% Q/Q; Emkay cites inventory reduction as the key drag.
  • Emkay cuts target to ₹1,050; stock still rated “buy” with median TP at ₹965; up 52% YTD.

You might like these

Titan Q4 Growth Highlights

Adani Acquires Dependencia Logistics

Vedanta's $9.6B India Investment

ITC Shares Rise on Strong Q4, Positive Outlook

Indusind Bank Q2 2025: Advances, CASA Ratio Trends

Nifty Smallcap 100 Turns Positive in 2024

Tanla Platforms Announces CPaaS Messaging Security Leadership

News that matters the most ⚡