Thyrocare: Testing Times as PE-backed Competition Intensifies
Thyrocare, a countrywide network of diagnostic laboratories, has everything going right for it. Consumer-facing business? Check. Outstanding and ethical promoter? Check. Business growth? Check, thanks to frequent and unnecessary tests prescribed by doctors. High return on assets? Check. High operating margin? Check. The stock should be rocketing up like Pidilite. And, yet, the stock, which got...
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