Latent View stock jumps 9% after $3 Million deal with US-based Healtheon AI

Business Standard
2026.04.01 22:12
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Latent View Analytics shares surged nearly 9% to ₹284.5 after announcing a $3 million investment in Healtheon AI Inc, specializing in AI for Revenue Cycle Management in healthcare. Despite this rally, the stock has dropped about 38% year-to-date, with a market cap of ₹5,833 crore. PL Capital maintains a 'Buy' rating, projecting 25-30% growth in FY27, but has lowered revenue estimates due to challenges in the Diagnostics segment. The target price is set at ₹490, down from ₹630, based on a 32x PE multiple for FY28E.