Park Medi World surges as its arm gets nod to expand hospital at Palam Vihar in Gurugram
Park Medi World is currently trading at Rs. 299.40, up by 9.30 points or 3.21% from its previous closing of Rs. 290.10 on the BSE.
The scrip opened at Rs. 288.55 and has touched a high and low of Rs. 303.30 and Rs. 288.55 respectively. So far 102985 shares were traded on the counter.
The BSE group 'B' stock of face value Rs. 2 has touched a 52 week high of Rs. 303.30 on 30-Jun-2026 and a 52 week low of Rs. 138.15 on 18-Dec-2025.
Last one week high and low of the scrip stood at Rs. 303.30 and Rs. 280.75 respectively. The current market cap of the company is Rs. 12,932.01 crore.
The promoters holding in the company stood at 82.89%, while Institutions and Non-Institutions held 10.11% and 6.99% respectively.
Park Medi World’s wholly-owned subsidiary -- Umkal Health Care has approved expansion of its existing 225-bed Park Hospital in Palam Vihar, Gurugram, with the addition of 100 new beds. The move underscores the Park Group’s continued commitment to strengthening healthcare infrastructure and deepening its footprint. The Palam Vihar facility is one of the flagship hospitals of the group; in FY26, it had an occupancy of around 86%, delivered a revenue of around Rs 245 crore.
The newly expanded facility will be branded Park Hospital Platinum and is slated to commence operations in November 2026. The overall cost of additional beds will be around Rs 25 crore. With this expansion, Park Group's consolidated bed capacity across Gurugram will rise to 750 beds, further reinforcing its ability to address the region's growing demand for quality, accessible, and advanced healthcare services. The expansion at Palam Vihar will be strategically oriented towards bolstering super-specialty capabilities, with focused investments directed at key high-acuity disciplines. This will enable the hospital to deliver comprehensive tertiary care across a broader spectrum of complex medical conditions, further elevating the standard of specialized healthcare delivery in the region.
