Yatharth Hospital shares extend gains on acquisition announcements in NCR

Over the past year, shares of the hospital chain have gained around 95 percent.

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26 Aug, 2025 12:21

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Shares of Yatharth Hospital and Trauma Care Services extended their gains after the board approved its acquisition of a 60 percent stake in in a Faridabad-based hospital, which is yet to commence operations, at an enterprise value of Rs 152 crore.

At 10.10 am, shares of Yatharth Hospital were quoting Rs 678.25 on the NSE, higher by 1.1 percent compared to the previous session's closing price. The shares had recorded a fresh lifetime high of Rs 688 per share earlier in the session.

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The company's board has approved to enter into an agreement with MGS Infotech Research and Solutions Pvt Ltd and its shareholders to acquire 60 percent stake, the healthcare provider said in a regulatory filing.

The target company is yet to commence a 400-bed hospital in Faridabad, Haryana. The acquisition will strengthen the company's presence in Delhi-NCR, the hospital player said.

Earlier this week,  Yatharth Hospital had announced that it has emerged as the successful bidder of a super speciality hospital located in Delhi. The acquired hospital is a well-established hospital in Model Town, New Delhi, it had stated.

The hospital has an expandable capacity of 300-plus beds and caters to a large catchment of residential and institutional client base.

Over the past year, shares of the hospital chain have gained around 95 percent. In comparison, the Nifty 50 index has risen around 27 percent during the same time period.

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