“The group is in advanced stages of acquiring another hospital in the NCR market this financial year,” says Yatharth Tyagi, Whole-Time Director, Yatharth Hospital and Trauma Care Services.
Max Healthcare was the top loser with a 11% fall, followed by Yatharth, Medanta, Fortis, Apollo, Aster DM Healthcare, among others.
The stock has maintained an uptrend for the fifth consecutive session and rose 22.5% during this period, while it gained 17% in a month.
The share price of the Noida-based multi-specialty hospital chain gained as much as 13.6% to ₹341 on the NSE, while it hit a high of ₹340.9 on the BSE.
Yatharth Hospital plans to raise ₹686.55 crore via public offering, while four IPOs from SME segment aim to garner a total of ₹170 crore.
This week, four IPOs will open for subscription, while six companies will make their debut on stock exchanges.
