This BSE small-cap healthcare company delivered multibagger returns of over 200% in the last two years!

This BSE small-cap healthcare company delivered multibagger returns of over 200% in the last two years!

Indian Market
by 5paisa Research Team Last Updated: 2022-12-09T11:05:39+05:30

Today, the stock opened at Rs 76.65 and touched a high and low of Rs 77.50 and Rs 75.65.

Artemis Medicare Services Ltd (AMSL) is a healthcare company founded in 2004 by the promoters of the Apollo Tyres Group. In Gurgaon, AMSL runs a 318-bed multi-speciality tertiary care hospital. It specialises in Orthopedics and Joint Replacement, Oncology, Cardiovascular, Neurosciences, and Bariatric and Minimally Invasive Surgery. The NABH accreditation has been granted to AMSL. The company is expanding its footprint in tier 1 and 2 cities through the chain of asset-light centres.

Shares of Artemis Medicare Services were trading at Rs 76.35 at 11 a.m. on December 6, 2022, which is a more than 290% return in two years. On December 4, 2020, the stock was trading at Rs 19.47, and throughout the course of a two-year holding period, it generated multibagger returns, more than doubling its investors’ wealth. The S&P BSE 500 index, on the other hand, has generated gains of 45.90% for the past two years beginning on December 4, 2020.

 On a consolidated basis, the company's operating revenue climbed by 34.8% YoY to Rs 1874.60 crore in the recent quarter, Q2FY23 from Rs 1390.40 crore in Q2FY22. The profit after tax (PAT) rose by 8.3% YoY to Rs 87.70 crore from Rs 81 crore in the previous year’s same quarter. The company is currently trading at a TTM PE of 26.53x. Artemis Medicare Services achieved ROE & ROCE of 9.65% and 9.98% with a market capitalization of Rs 1021.14 crore.

Today, the stock opened at Rs 76.65 and touched a high and low of Rs 77.50 and Rs 75.65. The stock has a 52-week high and low of Rs 82.75 and Rs 33.80, respectively on BSE.

Shares of Artemis Medicare Services have delivered returns of 117% in one year, while in the last six months, the stock has surged nearly 65%.

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