Vijaya Diagnostic Centre: Expanding its Reach with a Focus on Margins It is apparent that Vijaya Diagnostic Centre (VDC) has stood out by demonstrating a steadfast growth trajectory, fortified by its robust regional presence and strategic emphasis on radiology services. This approach has allowed the company to maintain a competitive edge in an industry marked by intense rivalry and continuous innovation. Q1FY24: A Glimpse of Promising Performance In Q1FY24, Vijaya Diagnostic Centre (CMP: Rs 479, Market Cap: Rs 4,893 crore) displayed a commendable upswing in its financials, signalling positive momentum in its operations. The pricing environment, despite the prevailing competitiveness, exhibited resilience—a testament to the company's sound market strategy. A noteworthy aspect of VDC's offerings is its comprehensive diagnostic suite, with radiology contributing to around 37 percent of revenue and the remainder stemming from pathology services. Margin Enhancement and Growth Stra
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