Despite healthy performance, Yatharth still operates below industry benchmarks in terms of ARPOB and occupancy, offering major upside potential.
Hospital-shares in limelight: The demand outlook for the healthcare industry continues to remain favourable due to better affordability, widening medical insurance coverage and growing awareness.
The CGHS rate revision could lift hospital chains' revenues and margins, say analysts. Here are the listed stocks set to benefit most from the policy update
Hospital shares were in demand on Monday amid reports that the health ministry revised rates for nearly 2,000 medical procedures under the Central Government Health Services (CGHS) scheme.
Yatharth Hospital shares jumped 6.2 per cent and logged an all-time high at ₹819.6 per share on BSE; check all key details here
Shares of Yatharth Hospital & Trauma Care Services hit a new high of Rs 788, and were quoting higher for the fourth straight day, surging 13% during the period.
Yatharth Hospitals said the company is set to be included as a constituent of the MSCI India Small Cap Index, effective from the upcoming index rebalancing date of August 26, 2025.
Shares of Fortis Healthcare and Yatharth Hospital hit new life-time highs at ₹892.70 and ₹719 in trades on Thursday.
Yatharth Hospital share price rose 2.8 per cent on Thursday, logging an intraday high at ₹625 per share on BSE; here's why
Shares of Hospital firms gained amid rising demand for specialized treatments, including oncology and high-end surgical procedures; this trend contributes to higher ARPOB and overall revenue growth.
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
In February 2024, Yatharth Hospitals acquired a 100 per cent stake in the Faridabad-based 175-bed Asian Fidelis Hospital for an enterprise value of Rs 116 crore
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
The company also announced the commencement of operations at their newly acquired hospital in Faridabad, strengthening its presence in the Delhi NCR market
Yatharth Hospital and Trauma Care Services on Monday said it has acquired Faridabad-based Asian Fidelis Hospital for Rs 116 crore. The healthcare provider, which currently operates three super specialty hospitals in NCR (national capital region), has inked a definitive agreement with Pristine Infracon Pvt Ltd and its shareholders for the buyout. "This acquisition aligns with our company's strategy of expanding its footprint in the North India region," Yatharth Hospitals whole-time director Yatharth Tyagi said in a statement. The healthcare provider currently operates hospitals at Noida, Greater Noida and Noida Extension. Asian Fidelis Hospital comes with 175-bed capacity, which can be further expanded to 200 beds. Yatharth Hospital also reported a 38 per cent increase in profit after tax (PAT) at Rs 29.5 crore in the third quarter ended December 2023. The company had reported a PAT of Rs 21.3 crore in the October-December quarter of last fiscal. Revenue from operations rose to R
Yatharth Hospital added that the bed capacity will be expanded to 200 to 220 beds post acquisition
Amount close to Rs 1,000 crore in 2023; bankers say deals now happening closer to IPO price as opposed to deep discounts earlier
In Q1FY24, average revenue per operating bed (ARPOB) increased to Rs 28,140, compared to Rs 27,706 in Q4FY23 and Rs 26,457 in Q1FY23.