KMC Speciality Hospitals soars on getting nod to acquire 1 acre land parcel for future expansion plans
KMC Speciality Hospitals (India) is currently trading at Rs. 100.51, up by 3.74 points or 3.86% from its previous closing of Rs. 96.77 on the BSE.
The scrip opened at Rs. 97.45 and has touched a high and low of Rs. 103.90 and Rs. 97.38 respectively. So far 711278 shares were traded on the counter.
The BSE group 'B' stock of face value Rs. 1 has touched a 52 week high of Rs. 103.90 on 29-May-2026 and a 52 week low of Rs. 62.50 on 30-Jun-2025.
Last one week high and low of the scrip stood at Rs. 103.90 and Rs. 85.00 respectively. The current market cap of the company is Rs. 1649.28 crore.
The promoters holding in the company stood at 75.00%, while Non-Institutions held 25.00% stake in the company.
KMC Speciality Hospitals (India) has secured approval to acquire a vacant land parcel admeasuring round 1 acre situated at Alexandria Road, Tiruchirapalli, Tamil Nadu, adjoining the company’s existing hospital premises for an estimated consideration of Rs 62.50 crore (exclusive of incidental expenses towards registration and possession of the land).
The Board of Directors of the company at its meeting held on May 29, 2026 has approved the same. The proposed acquisition will be funded through a combination of internal accruals and debt. Further, the acquisition is intended to support the company’s future expansion plans by facilitating the addition of around 300 beds to the existing hospital infrastructure.
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