In two days, the stock price of hospital company declined 9% after Citigroup Global Markets Mauritius Private Limited has sold 534,685 equity shares of the company for Rs 24.5 crore on the NSE.
The growth is attributed to higher occupancy rates and an increase in revenue per bed during the September quarter
Shares of Yatharth Hospital & Trauma Care Services plummeted 6.77 per cent at Rs 612.75 a piece on the BSE
The company reported 9 per cent on-year increase in its average revenue per occupied bed (Arpob) at Rs 30,551 in Q1FY25, with bed occupancy rising to 61 per cent in Q1 from 51 per cent last year