GPT Healthcare soars on inking MoU for construction of hospital building in Jamshedpur
GPT Healthcare is currently trading at Rs. 188.35, up by 1.95 points or 1.05% from its previous closing of Rs. 186.40 on the BSE.
The scrip opened at Rs. 189.00 and has touched a high and low of Rs. 191.10 and Rs. 186.85 respectively. So far 30301 shares were traded on the counter.
The BSE group 'B' stock of face value Rs. 10 has touched a 52 week high of Rs. 219.70 on 29-Feb-2024 and a 52 week low of Rs. 129.00 on 04-Jun-2024.
Last one week high and low of the scrip stood at Rs. 191.10 and Rs. 175.85 respectively. The current market cap of the company is Rs. 1543.86 crore.
The promoters holding in the company stood at 65.57%, while Institutions and Non-Institutions held 15.50% and 18.93% respectively.
GPT Healthcare has entered into Memorandum of Understanding (MoU) /Letter of Intent (LoI) for Construction and Finishing of a State-of-Art High Class Hospital Building at Jamshedpur to be let out on Lease with Naveen Singh & Others (For self & on behalf of other lessors). The agreement is being entered with a third party and there is no conflict of interest and no nominee is on the board of Directors of the company.
GPT Healthcare operates a chain of mid-sized, multi-specialty, full-service hospitals in Eastern India under the ILS Hospitals brand, providing integrated healthcare services focusing on secondary and tertiary care.