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Medanta

Stock ideas for Sept: TaMo, Mah Holidays can rally up to 28%, hint charts

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

Stock ideas for Sept: TaMo, Mah Holidays can rally up to 28%, hint charts
Updated On : 30 Aug 2024 | 1:41 PM IST

Medanta Q1 results: PAT rises by 4% to Rs 106 cr, revenue at Rs 861 cr

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 ..

Medanta Q1 results: PAT rises by 4% to Rs 106 cr, revenue at Rs 861 cr
Updated On : 09 Aug 2024 | 4:42 PM IST

Medanta Hospitals Q4 results: Net profit up 25%, revenue rises 14.3%

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

Medanta Hospitals Q4 results: Net profit up 25%, revenue rises 14.3%
Updated On : 17 May 2024 | 7:44 PM IST

DLF, Medanta to develop 400-bed multi-specialty hospital in Delhi

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

DLF, Medanta to develop 400-bed multi-specialty hospital in Delhi
Updated On : 10 Aug 2023 | 9:50 PM IST

Medanta net profit surges over five-fold to Rs 101 cr in March quarter

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 ...

Medanta net profit surges over five-fold to Rs 101 cr in March quarter
Updated On : 29 May 2023 | 4:33 PM IST

Medanta hits highest level since listing; stock surges 13% in 2 days

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

Medanta hits highest level since listing; stock surges 13% in 2 days
Updated On : 17 Feb 2023 | 9:46 AM IST

Mutual funds pivot to IPOs in November amid record number of deals

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

Mutual funds pivot to IPOs in November amid record number of deals
Updated On : 19 Dec 2022 | 6:13 AM IST

Debutants put up a good show; Medanta soars 24%, Bikaji Foods up 6%

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

Debutants put up a good show; Medanta soars 24%, Bikaji Foods up 6%
Updated On : 16 Nov 2022 | 11:02 PM IST

Sensex ends choppy day 108 pts up; Adani group stocks tumble, defence rally

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

Sensex ends choppy day 108 pts up; Adani group stocks tumble, defence rally
Updated On : 16 Nov 2022 | 3:51 PM IST

Medanta-owner Global Health trades firm after debuting at 19% premium

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.

Medanta-owner Global Health trades firm after debuting at 19% premium
Updated On : 16 Nov 2022 | 11:22 AM IST

Stocks to Watch: Bikaji Foods, Medanta, Paytm, NDTV, HDFC, SBI, Tata Motors

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.

Stocks to Watch: Bikaji Foods, Medanta, Paytm, NDTV, HDFC, SBI, Tata Motors
Updated On : 16 Nov 2022 | 7:48 AM IST

Fusion microfinance subscribed 3x on Day-2 on strong institutional support

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

Fusion microfinance subscribed 3x on Day-2 on strong institutional support
Updated On : 04 Nov 2022 | 6:32 PM IST

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?

4 IPOs likely to open this week. Which one's worth your money?
Updated On : 01 Nov 2022 | 8:43 AM IST

Medanta brand-owner Global Health sets IPO price band at Rs 319-336/share

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

Medanta brand-owner Global Health sets IPO price band at Rs 319-336/share
Updated On : 28 Oct 2022 | 10:51 PM IST

Mulayam Singh Yadav quite critical today, on life-saving drugs: Hospital

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

Mulayam Singh Yadav quite critical today, on life-saving drugs: Hospital
Updated On : 09 Oct 2022 | 4:50 PM IST

Mulayam Singh still in ICU, condition critical: Gurugram hospital

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.

Mulayam Singh still in ICU, condition critical: Gurugram hospital
Updated On : 08 Oct 2022 | 4:08 PM IST

Mulayam Singh Yadav still in ICU, critical, says Gurugram hospital

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.

Mulayam Singh Yadav still in ICU, critical, says Gurugram hospital
Updated On : 06 Oct 2022 | 4:51 PM IST

Mulayam Singh remains critical, being given life-saving drugs: Hospital

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

Mulayam Singh remains critical, being given life-saving drugs: Hospital
Updated On : 05 Oct 2022 | 7:15 PM IST

World Hypertension Day 2022: Dr Naresh Trehan gives tips on dealing with BP

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

World Hypertension Day 2022: Dr Naresh Trehan gives tips on dealing with BP
Updated On : 17 May 2022 | 5:04 PM IST

Medanta brand owner, Veeda Clinical get Sebi's go-ahead to float IPOs

Co-founded by Naresh Trehan, Medanta brand owner Global Health is a leading private multi-speciality tertiary care providers in the north and east regions of India

Medanta brand owner, Veeda Clinical get Sebi's go-ahead to float IPOs
Updated On : 27 Dec 2021 | 5:38 PM IST