** Shares of Fisher & Paykel Healthcare FPH.NZ advances 4.8% to NZ$38.45, set for its strongest session since May 30

** Country’s largest standalone listed stock is the top gainer on the benchmark NZ50 index .NZ50, which is up ~1%

** Co lifts its FY net profit outlook to NZ$410 - NZ$460 mln ($230.34 - $258.43 mln), from a prior range of NZ$390 - NZ$440 mln

** FPH posted H1 net profit after tax of NZ$213 mln, beating FactSet’s NZ$201 mln estimate, as per Jefferies

** Stock down 1% so far this year

($1 = 1.7800 New Zealand dollars)

(Reporting by Kumar Tanishk in Bengaluru)

((Tanishk.Kumar@thomsonreuters.com; X: @thatstanishk http://www.x.com/thatstanishk;))