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.
Read Here
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.
Watch video for more.
Catch all the stock market live updates here.
Check out our in-depth Market Coverage, Business News & get real-time Stock Market Updates on CNBC-TV18. Also, Watch our channels CNBC-TV18, CNBC Awaaz and CNBC Bajar Live on-the-go!
Lok Sabha Election Phase 5 Voting Live Updates: Polling to begin on 49 seats across 8 states, UTs
May 20, 2024 6:34 AM
Gonda Lok Sabha election: BJP's Kirti Vardhan Singh takes on Beni Prasad Verma's granddaughter Shreya
May 19, 2024 10:19 PM