Business

Hospital stocks hitting record highs on multiple boosters

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The stock of Apollo Hospitals made it to the Nifty-50 index last year. In May this year, Max Healthcare was included in the MSCI India Standard Index.

Synopsis

Fortis Healthcare and Healthcare Global Enterprises hit a record highs on Tuesday, Apollo Hospitals and KIMS did so last week. All leading listed healthcare players have hit record highs on the bourses in the recent weeks in anticipation of a good June-quarter show.

ET Intelligence Group: There has been a lot of action in the Indian healthcare sector as it emerged from the shadows of the pandemic. Improved operational performance and private equity fuelled expansion by large players have ensured that hospital chains gain on valuations.Fortis Healthcare and Healthcare Global Enterprises hit a record highs on Tuesday, Apollo Hospitals and KIMS did so last week. All leading listed healthcare players have hit

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