Broader indices also echoed the positive sentiment, with the Nifty Mid-cap index gaining 0.25 per cent and the Nifty Small-cap index advancing 0.38 per cent. However, market volatility, as measured by the India VIX, surged by 2.10 per cent, indicating a rise in market fluctuations.

Company expanding its reefer business and aiming to increase its warehousing capacity. They have entered into a joint venture with Sunil Transport for liquid logistics and also planning to introduce electric vehicles in their fleet in the future.

The PAT has increased from Rs 8.16 crore in Q2FY23 to Rs. 18.29 crore in Q2FY24, a growth of 124 per cent. The PAT margin has also increased from 6.1 per cent in Q2FY23 to 12.19 per cent in Q2FY24.

The company's shares are currently trading at Rs 21.1, offering an enticing opportunity for discerning investors seeking a company poised for continued success.

The banking sector led the gains, posting an increase of 3.61 per cent. Following closely behind were the financial services and oil- gas sector, both exhibiting robust performances with gains more than 3 per cent.

This healthcare giant presently has the second-largest hospital network in South India, having grown from 10 hospitals and 7 clinics in FY18 to 19 hospitals, 13 clinics, 226 pharmacies, and 251 labs.

Foreign Institutional Investors (FIIs) increased their stake in the company over the past four quarters. Their stake increased by 0.57 per cent in Q3 FY23, 1.34 per cent in Q4 FY23, 1.59 per cent in Q1 FY24, and 1.67 per cent in Q2 FY24.

For Q2FY24 the revenue has surged impressively by 109.02 per cent quarter-over-quarter (QoQ), reaching a total of Rs 1,367 crore. Operating profit also witnessed a significant uptick, showing a 85.71 per cent increase from the previous quarter, reaching Rs 325 crore. Moreover, net profit has seen an extraordinary surge of 409.09 per cent on a quarter-over-quarter basis, reaching Rs 112 crore, reflecting a remarkable bottom-line improvement.

The company is in a strong financial position with almost no debt and a healthy dividend payout of 22.0 per cent. The company has also been experiencing strong sales growth, with a median sales growth of 16.8 per cent over the past 10 years.

The media sector led the gains, posting an increase of 2.57 per cent. Following closely behind were the PSU banks and FMCG, both exhibiting robust performances with gains more than 1.5 per cent.