Yatharth Hospital shares surge 3% after winning bid for 300-bed super specialty hospital in Delhi

Yatharth Hospital & Trauma Care Services shares surged 2.62% to ₹676.25 on the NSE as of 9:29 am following its successful bid to acquire a 300-plus-bed super specialty hospital in Delhi. The acquisition, made through an e-auction under the SARFAESI Act 2002, is expected to strengthen Yatharth’s presence in the Northern India healthcare market.

Key Highlights

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  • Location: Model Town, New Delhi.
  • Capacity: Over 300 beds, catering to a large residential and institutional clientele.
  • Strategic Impact: The acquisition will reinforce Yatharth’s position as a leading super specialty chain in Northern India, enabling the company to expand its quality healthcare services in the Delhi market.

Yatharth Tyagi, Whole-Time Director, emphasized the company’s commitment to growth through strategic expansions, both organic and inorganic, with a focus on developing new healthcare facilities and enhancing operational efficiencies.