Medanta

From the robust banking and financial services domain, Axis Bank and Nippon AMC make the cut. The auto industry sees Maruti Suzuki and Samvardhana Motherson International (SAMIL) in the spotlight

Here are 5 stock ideas for September 2024 based on the 'Buy' signal on the technical momentum indicator - the MACD (Moving Average Convergence-Divergence).

Global Health, which operates hospitals under the Medanta brand, on Friday said its consolidated profit after tax increased 4 per cent year on year to Rs 106 crore for the first quarter ended June 30, 2024. The company had reported a profit after tax (PAT) of Rs 102 crore in the April-June quarter. Revenue from operations rose to Rs 861 crore in the June quarter as compared to Rs 779 crore in the year-ago period, Global Health said in a regulatory filing. Medanta Chairman & Managing Director Naresh Trehan said that on July 22, 2024, the company has received confirmation from the Mumbai Housing and Area Development Authority (MHADA) regarding a successful bid for a land parcel measuring 8,859.24 square meter at Mauje-Oshiwara, Jogeshwari, Mumbai. "This pivotal step marks Medanta's entry into the dynamic Mumbai market, where we plan to establish a 500-plus-bedded super-speciality hospital," he added. The facility will provide medical services and advanced treatment options to the ..

The hospital operator's revenue from operations rose to Rs 808.6 crore in Q4 FY24, a 14.3 per cent rise from Rs 707 crore in Q4 FY23

Realty major DLF on Thursday announced that it has tied up with Global Health Ltd (Medanta) to set up a 400-bed multi-speciality hospital in the national capital. The two companies will have an equal partnership in the new joint venture. DLF and Global Health Ltd -- a leading private multi-specialty tertiary care provider -- have "entered into an understanding for forming a company to launch a 400-bed multi-super specialty hospital to provide the highest quality of healthcare in the heart of Delhi in Greater Kailash-I." Both DLF and Medanta will own 50-50 equity in the new company. DLF will be a strategic investor and Medanta will run the hospital and have operational control. DLF Chairman Rajiv Singh said, We are excited to participate in setting up a world class hospital in South Delhi at a location which is closely associated with the origins of our company." The new hospital will strengthen the medical infrastructure in Delhi and further strengthen its deep commitment to impr

Healthcare provider Global Health (Medanta) on Monday said its net profit surged over five fold to Rs 101 crore in the fourth quarter ended on March 31, 2023, aided by increase in bed capacity and higher in-patient footfalls. The company had reported a net profit of Rs 17.5 crore in the January-March quarter of 2021-22 fiscal. Revenue in the reporting quarter rose 37 per cent year-on-year to Rs 732 crore, the company said in a statement. For the financial year ended on March 31, 2023, Medanta posted a net profit of Rs 326 crore as against Rs 196 crore in FY22. Revenue rose to Rs 2,759 crore in the last fiscal as against Rs 2,206 crore in 2021-22 fiscal. "For the year and quarter ending March 31, 2023 we have registered significant growth and strong financial performance across all revenue and profitability metrics," Global Health Group CEO and Director Pankaj Sahni noted. The healthcare provider continues its planned growth in beds and infrastructure, and remain an attractive ...

With past two days surge, the stock currently trades 54 per cent higher against its issue price of Rs 336 per share.

Invest Rs 3,300 crore in maiden offerings, pull out from secondary market

Medanta's stock hit a high of Rs 424.65 and a low of Rs 390.55 on the NSE, where Rs 2,000 crore worth of shares changed hands

CLOSING BELL: The S&P BSE Sensex is now just 265 points shy from its all-time 62,245 registered on October 19, 2021.

Global Health, which operates hospitals under Medanta brand, witnessed heavy volume of around 26 million shares combined on the NSE and BSE in early deals.

Stocks to Watch Today: Bikai Foods, Global Health (Medanta) set for market debut today. Meanwhile, in the F&O segment, BHEL, Delta Corp, GNFC, PNB and Sun TV were in F&O ban period on Wednesday.

Medanta Hospitals IPO subscribed 36% on day-2, Bikaji Foods by 1.5 times

4 IPOs likely to open this week. Which one's worth your money?

Four companies are looking to raise over Rs 4,000 cr this week via IPO. DCX Systems and Bikaji Foods are already seeing investors' interest in the grey market. Do these IPOs deserve your money?

The IPO consists of a fresh issue of equity shares aggregating to Rs 500 crore and an offer for sale (OFS) of up to 5.08 crore equity shares

Former Uttar Pradesh Chief Minister and Samajwadi Party (SP) leader Mulayam Singh Yadav is quite critical today and is on life-saving drugs, informed Gurugram hospital on Sunday

Samajwadi Party founder Mulayam Singh Yadav continues to be in the Intensive Care Unit (ICU) of the Medanta hospital in Gurugram and his condition remains critical, the hospital said on Saturday. In a health bulletin, the hospital said, "Mulayam Singh Yadav ji's condition is still critical and he is maintaining vitals on life saving drugs, he is being treated in the ICU of Medanta Hospital, Gurugram, by a comprehensive team of specialists." The bulletin was also shared by the Samajwadi Party on its official Twitter handle. Yadav, 82, was admitted to the hospital on Sunday.

Samajwadi Party founder Mulayam Singh Yadav continues to be in the Intensive Care Unit of Medanta Hospital in Gurugram and his condition remains critical, the hospital said on Thursday. He is being administered life-saving drugs, it said in a bulletin. "Mulayam Singh ji is still critical and on life saving drugs, he is being treated in the ICU Medanta hospital, Gurugram, by a comprehensive team of specialists," the hospital said. Yadav, 82, was admitted to the hospital on Sunday.

Samajwadi Party founder Mulayam Singh Yadav continues to be in the Intensive Care Unit of Medanta Hospital in Gurugram and his condition remains critical, the hospital said. He is being administered life-saving drugs, it added in a bulletin. "Mulayam Singh ji is still critical and on life saving drugs, he is being treated in the ICU Medanta hospital, Gurugram, by a comprehensive team of specialists," the hospital said in a health bulletin tweeted by the Samajwadi Party's (SP) official handle. Yadav, 82, was admitted to the hospital on Sunday. The SP patron has been under treatment at Medanta since August 22. He had also been admitted to the facility in July, sources said. Haryana Chief Minister Manohar Lal Khattar visited the hospital on Wednesday. When reporters asked him about the health condition of the former defence minister, he said, "There is some improvement. But we cannot say that he is out of the 'risk zone'. We will know more in a day or two," he said. Khattar said he

World Hypertension Day 2022: Dr Naresh Trehan, CMD of Medanta, speaks to Business Standard on the spike in hypertension cases in India, the early signs, how to deal with the ailment