Artemis Medicare Services jumps on getting nod for expansion of Tower III in Gurugram based flagship Hospital
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Artemis Medicare Services is currently trading at Rs. 127.00, up by 3.00 points or 2.42% from its previous closing of Rs. 124.00 on the BSE.
The scrip opened at Rs. 128.60 and has touched a high and low of Rs. 128.60 and Rs. 124.55 respectively. So far 3935 shares were traded on the counter.
The BSE group 'B' stock of face value Rs. 1 has touched a 52 week high of Rs. 134.75 on 20-Jul-2023 and a 52 week low of Rs. 51.15 on 11-Aug-2022.
Last one week high and low of the scrip stood at Rs. 128.60 and Rs. 122.05 respectively. The current market cap of the company is Rs. 1732.90 crore.
The promoters holding in the company stood at 68.03%, while Institutions and Non-Institutions held 8.66% and 23.31% respectively.
Artemis Medicare Services has received approval for a detailed expansion plan of Tower III in flagship Hospital located at Sector 51, Gurugram with approximate cost of Rs 150 crore. This facility will add capacity in the flagship hospital to cater to the increasing demand of quality healthcare service in Delhi NCR. The proposed capacity expansion is expected to be completed by early FY2025. The Board of Directors at their meeting held on August 8, 2023, has approved the same.
The company is engaged in the business of managing and operating of multi specialty hospitals.
