Rainbow Children`s Medicare rises on commencing operations of 50-bed hospital in Andhra Pradesh
Rainbow Children's Medicare is currently trading at Rs. 1483.35, up by 26.55 points or 1.82% from its previous closing of Rs. 1456.80 on the BSE.
The scrip opened at Rs. 1464.95 and has touched a high and low of Rs. 1505.00 and Rs. 1454.10 respectively. So far 2538 shares were traded on the counter.
The BSE group 'A' stock of face value Rs. 10 has touched a 52 week high of Rs. 1609.00 on 05-Aug-2026 and a 52 week low of Rs. 1008.75 on 02-Mar-2026.
Last one week high and low of the scrip stood at Rs. 1,505.00 and Rs. 1425.00 respectively. The current market cap of the company is Rs. 15065.89 crore.
The promoters holding in the company stood at 49.84%, while Institutions and Non-Institutions held 38.59% and 11.57% respectively.
Rainbow Children’s Medicare has commenced operations of the 50-bed women’s and children’s hospital at Guntur, Andhra Pradesh. The proposed hospital is expected to strengthen the company's presence in Andhra Pradesh, expand access to specialised women and children's healthcare services and support the company's long-term growth strategy.
