Tag: Krishna Institute of Medical Sciences
- 12 Sep
KIMS shares rise after acquiring 13.24% stake in Kondapur Healthcare
Shares of Krishna Institute of Medical Sciences (KIMS) traded nearly 2% higher on the NSE on September 12, after the company acquired a 13.24% stake in Kondapur Healthcare for Rs 20 crore. The investment is in line with KIMS's expansion plans and analysts expect the company's revenue to grow 25% in the next three years. KIMS is a multi-specialty hospital chain with presence across Telangana, Maharashtra, and Andhra Pradesh. The company has a total bed capacity of 3,975.