IGI Logo

Rainbow Children's Medicare is currently trading at Rs. 1291.65, up by 13.15 points or 1.03% from its previous closing of Rs. 1278.50 on the BSE.

The scrip opened at Rs. 1278.15 and has touched a high and low of Rs. 1296.15 and Rs. 1268.20 respectively. So far 2418 shares were traded on the counter.

The BSE group 'A' stock of face value Rs. 10 has touched a 52 week high of Rs. 1328.55 on 09-Jan-2024 and a 52 week low of Rs. 682.00 on 28-Mar-2023.

Last one week high and low of the scrip stood at Rs. 1328.50 and Rs. 1258.20 respectively. The current market cap of the company is Rs. 13093.72 crore.

The promoters holding in the company stood at 49.83%, while Institutions and Non-Institutions held 37.03% and 13.14% respectively.

Rainbow Children's Medicare (Commonly known as Rainbow Children's Hospital) has signed a landmark agreement with the Ministry of Health, Zanzibar. This collaboration marks a significant milestone, positioning the company as the exclusive pediatric facility amongst the very few hospitals internationally to forge this partnership with the Ministry of Health in Zanzibar.

The Memorandum of Understanding (MoU), signed on December 29, 2023, at the Ministry of Health office on Motor Road, Zanzibar, underscores a pivotal initiative aimed at extending specialized healthcare services to the children of Zanzibar. The agreement is tailored to facilitate patient referrals for cases that require specialized medical attention not presently available in Zanzibar.

Rainbow Children's Medicare operates a multi-speciality pediatric, obstetrics and gynaecology hospital chain in India. The company offers a wide range of services such as newborn and pediatric intensive care, pediatric multi-speciality services, pediatric quaternary care, obstetrics and gynaecology, which includes normal and complex obstetric care, and multidisciplinary fetal care, perinatal genetic and fertility care.