Healthcare Stocks Show Growth Amid Expansion and Market Volatility
Park Medi World shares have risen 90% year-to-date, with brokerage Choice Broking projecting an additional 20% upside supported by capacity expansion and improved financials. The company plans to acquire Medicity Hospital in Uttarakhand for Rs 177 crore, marking regional expansion. Meanwhile, Max Healthcare reported steady growth with a 10% revenue increase and ongoing expansion projects. Procter & Gamble Health posted a 56% year-on-year net profit rise, driven by brand-building and supply chain improvements, reflecting positive trends across healthcare stocks amid market volatility.