In a few ideas for profit from Moneycontrol Pro, Anubhab Sahu of Moneycontrol.Com talks about a stock that he is tracking closely, Krishna Institute of Medical Sciences.
Krishna Institute of Medical Sciences or KIMS is a hospital chain based out of Andhra and Telangana. Recently it acquired 51 percent stake in Telangana-based regional player Sunshine Hospitals, which consolidates KIMS presence in the region. Deal is value accretive and augments KIMS presence in the treatments like ortho and cardio.
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KIMS through its recent acquisitions are has demonstrated how operational performance can get transformed within three to four years.
In addition, the company is undergoing a mix of Greenfield and brownfield expansions in the adjacent areas. Organic expansion along with acquisition can almost double the bed count in the next four years.
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