Medanta hits highest level since listing; stock surges 13% in 2 days

With past two days surge, the stock currently trades 54 per cent higher against its issue price of Rs 336 per share.

Shares of Global Health, which operates hospitals under Medanta brand, hit a record high of Rs 518.55 as they gained 3 per cent on the BSE in Friday’s intra-day trade in an otherwise subdued market. In past two days, the stock of the company engaged in hospital business rallied 13 per cent. In comparison, the S&P BSE Sensex was down 0.21 per cent at 61,189 at 09:37 AM.

Medanta was trading at its highest level since its listing on November 16, 2022. It surpassed its previous high of Rs 487.75, touched on November 24. With past two days surge,