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Vijaya Diagnostic Shares Upgraded By Yes Securities — Check Target Price, Potential Upside And More
Yes Securities continues to prefer Vijaya within the diagnostic space and upgrade the stock following recent weakness.
17 Dec 2025, 11:27 AM IST 
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Vijaya has added 9 hubs between April and Oct’25 and is likely to add another 2 in Eastern India before the end of FY26.
(Image Source: Envato)
After addition of Kolkata flagship hub, Vijaya is looking to add another one in Bengaluru at a cost of ~Rs 300 million which would house high-end radiology including PET CT and MRI. FY27 capex is likely around Rs 1.2 billion which would see addition of another four hubs and about Rs 400 million earmarked for ~25 Spokes, which would be necessary given the strong hub capacity being created in current year.
