Hinduja Global soars 17% to hit a 52-week high; stock gains 25% in 3 days

The company's subsidiary, HGS AxisPoint Health, has partnered with Parkland Community Health Plan (PCHP) to provide disease management services.

Shares of Hinduja Global Solutions soared 17 per cent to Rs 1,148 on the BSE in intra-day trade on Thursday after the company’s subsidiary, HGS AxisPoint Health, partnered with Parkland Community Health Plan (PCHP) to provide disease management services to approximately 195,000 Medicaid beneficiaries in a seven-county area in North Texas.

HGS and PCHP will begin the implementation process this month, with operations slated to launch in January 2021, the company said in a press release.

The stock of the Hinduja Group company hit a 52-week high today and has rallied 25 per cent in the past three trading