- By Aditya Pratap Singh
- Fri, 10 Apr 2026 03:18 PM (IST)
- Source:JND
Healthcare Stock: The stock of hospital chain 'Park Medi World' gained nearly 6 per cent during the intraday trade on Friday, mirroring the massive rally in the domestic stock market due to broad-based buying momentum.
The healthcare stock started the session with a decent gap up at Rs 208.60 per share as compared to the last day's closing of Rs 204.35 on BSE. The scrip escalated the rally further to touch an intraday high at Rs 216, jumping about 6 per cent from last day's closing.
At the time of writing, the company's shares were trading at Rs 211.45, Rs 7.10 or 3.47 per cent, erasing some of the early gains due to profit booking.
Key Factors Of The Rally?
Park Group of Hospitals opened a state-of-the-art, multi-service hospital in Panchkula and announced the expansion of the hospital in Mohali.
In a recent stock market statement, the company noted that it is providing better access to advanced medical services for people in Haryana, Punjab, Himachal Pradesh, and Chandigarh, reducing their dependence on big cities like Delhi.
Share Price History
In the last five sessions, the stock jumped over 7 per cent, while in a month it rose over 3 per cent despite massive volatility in the market. To date this year, the stock has jumped over 40 per cent.
The Healthcare sector company made it stokc market debut in December last year.
Stock Market today
The domestic equity indices were trading sharply high on the back of buying in Banking and Finance stocks. However, a decline in IT stocks blocked some bullish momentum.
In afternoon trade, Sensex was trading at 77,340.01, up 708.36 points or 0.92 per cent. Nifty50 was quoted at 24,004.75, up 229.65 points or 0.97 per cent.
Disclaimer: This story is written for informational purposes only. It should not be considered as investment advice.