India's Sagility rises on higher quarterly profit

By Reuters News

** Sagility SAGL.NS shares rise as much as 3.6%; last up 1.1% at 45.9 rupees

** Health tech provider's Q2 consol net profit rises 13.3% to 2.84 billion Indian rupees; consol rev from ops up 22.5% to 20.32 billion rupees

** Jefferies ("Buy"; PT: 59 rupees) says co's earnings beats estimates

** Brokerage notes revenue growth was driven by growth in co's payer segment; says co's client metrics look encouraging

** Expects co to deliver ~12.5% CAGR for revenue over FY26-29

** Nomura ("Buy"; hikes PT to 56 rupees from 53 rupees) says co's strong domain expertise and client relationships position it well for sustained growth in the medium term

** Stock rated as "strong buy" on average by 9 analysts; median PT at 54.5 rupees -- LSEG-compiled data

** YTD, stock down 11.4%

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