Aliceblue ANT
Aliceblue ANTInstall and trade smarter everywhere

Hospital stocks to benefit from FM's plans to open daycare cancer centers in district hospitals

News by Aliceblue News Desk

01 Feb 2025

Hospital stocks to benefit from FM's plans to open daycare cancer centers in district hospitals

Introduction:

Hospital stocks surged following Budget 2025 announcements focused on healthcare infrastructure. The government’s plan to establish daycare cancer centers in district hospitals over the next three years is expected to boost the growth of hospitals involved in cancer treatment.

Alice Blue Image

The Finance Minister highlighted plans to set up 200 daycare cancer centers in the 2025-26 period, aimed at improving cancer care accessibility. This initiative is expected to increase the demand for healthcare services and positively impact the stocks of hospitals involved in cancer care.

Additionally, the creation of 10,000 new seats in medical colleges next year, part of a five-year plan to add 75,000 seats, is expected to strengthen the healthcare sector. Coupled with healthcare access for gig workers under PM-JAY, these initiatives further enhance the growth potential of hospital stocks.

Key stocks to watch:

Krsnaa Diagnostics Ltd  

On February 1, 2025, Krsnaa Diagnostics Ltd opened at ₹847.35, up 3.46% from its previous close of ₹844.80. The stock reached a high of ₹887.90 (5.10%) and a low of ₹841.25. The stock closed at ₹874.00, with a market cap of ₹2,822.13 crore.

Krsnaa Diagnostics Ltd is a prominent diagnostic service provider in India, offering comprehensive diagnostic tests, imaging services, and health check-ups. The company has a strong presence in both urban and rural areas, aiming to make healthcare accessible and affordable nationwide.

Max Healthcare Institute Ltd  

On February 1, 2025, Max Healthcare Institute Ltd opened at ₹1,073.45, up 5.18% from its previous close of ₹1,061.25. The stock reached a high of ₹1,117.75 (5.32%) and a low of ₹1,067.25. The stock closed at ₹1,116.20, with a market cap of ₹1,08,509.38 crore.

Max Healthcare Institute Ltd is one of India’s leading healthcare service providers, specializing in multi-specialty healthcare services. The company offers a wide range of services, including diagnostics, surgery, and critical care, with a focus on advanced technology and patient care.

Also read : What are the development plans made by FM for Bihar in the union budget 2025?

Jupiter Life Line Hospitals Ltd  

On February 1, 2025, Jupiter Life Line Hospitals Ltd opened at ₹1,648.00, down 0.74% from its previous close of ₹1,629.10. The stock reached a high of ₹1,706.25 (4.73%) and a low of ₹1,588.35. The stock closed at ₹1,617.00, with a market cap of ₹10,602.03 crore.

Jupiter Life Line Hospitals Ltd operates state-of-the-art healthcare facilities, offering a range of medical services such as cardiology, orthopedics, and emergency care. With its focus on advanced technology and experienced medical staff, the company ensures high-quality patient care.

GPT Healthcare Ltd  

On February 1, 2025, GPT Healthcare Ltd opened at ₹169.90, up 1.65% from its previous close of ₹166.26. The stock reached a high of ₹169.90 (2.22%) and a low of ₹166.07. The stock closed at ₹169.00, with a market cap of ₹1,386.73 crore.

GPT Healthcare Ltd is a healthcare company known for its network of hospitals and medical centers. Offering specialized healthcare services in various domains, the company aims to deliver exceptional patient care with a focus on innovation, quality, and affordability.

Also read : Fertilizer and agriculture stocks to benefit after FM announces to boost the sector in union budget 2025

Indraprastha Medical Corporation Ltd  

On February 1, 2025, Indraprastha Medical Corporation Ltd opened at ₹452.00, up 6.71% from its previous close of ₹454.50. The stock reached a high of ₹488.00 (7.39%) and a low of ₹448.00. The stock closed at ₹485.00, with a market cap of ₹4,446.14 crore.

Indraprastha Medical Corporation Ltd operates a leading hospital chain, providing comprehensive healthcare services in areas such as surgery, cardiology, and neurology. The company focuses on delivering quality medical care and advanced treatments to patients with a patient-first approach.

Apollo Hospitals Enterprise Ltd  

On February 1, 2025, Apollo Hospitals Enterprise Ltd opened at ₹6,810.30, up 0.21% from its previous close of ₹6,810.50. The stock reached a high of ₹6,940.00 (1.90%) and a low of ₹6,810.25. The stock closed at ₹6,825.00, with a market cap of ₹98,133.03 crore.

Apollo Hospitals Enterprise Ltd is a pioneer in the healthcare sector, providing multi-specialty services across its vast network of hospitals. Known for its world-class treatments, cutting-edge technology, and high standards of patient care, Apollo has a significant presence in India and abroad.

Thyrocare Technologies Ltd  

On February 1, 2025, Thyrocare Technologies Ltd opened at ₹807.00, down 1.64% from its previous close of ₹798.25. The stock reached a high of ₹807.00 (0.00%) and a low of ₹782.70. The stock closed at ₹785.15, with a market cap of ₹4,160.65 crore.

Alice Blue Image

Thyrocare Technologies Ltd is a prominent diagnostic service provider, specializing in pathology and imaging services. With a focus on preventive healthcare, the company offers comprehensive testing and health check-up services, making quality diagnostics affordable and accessible to a wide audience.

Disclaimer: The above article is written for educational purposes, and the companies’ data mentioned in the article may change with respect to time The securities quoted are exemplary and are not recommendatory.

author

News Author

Aliceblue News Desk

Take Your First Step Into The Market With₹0 Opening Charges

Open Free Demat Account
Alice Blue app on two phones