Narayana Hrudayalaya stock plunged 7% after Q1 net profit dipped 1.1% YoY despite 15% revenue growth.

• Shares hit Rs 1,808, the steepest intraday loss since March 2020, despite a strong YTD performance.
• Q1 net profit declined to Rs 1.97 billion due to rising expenses pressuring margins.
• Stock still rated “buy” by analysts; median target stands at Rs 1,730, with 42% gains YTD.