Rainbow Childrens Medicare share hits all time high today surges 4 percent 884 rupees – Business News India

read on appRainbow Children's Medicare Share: Shares of Rainbow Children's Medicare are seeing a steady rise. The company's shares rose 4.5% to a new high of Rs 884 on the BSE in

Thursday's intra-day trade. The stock has gained 25 per cent in the last five trading days following the company's strong operating and financial performance during the second

quarter (Q2FY23) ended September. Share reached 115 percent above low level The share price of Rainbow Children Medicare has more than doubled or more than 115 percent from its

52-week low of Rs 410 on May 17, 2022. The stock traded 63 per cent higher against its IPO price of Rs 542 per cent. Let us tell you that Rainbow Children Medicare entered the

stock market on May 10, 2022. On the listing day, the shares had fallen 17 per cent to a low of Rs 450. Also read- Foreign investor bought 2.67 lakh shares of this company, IPO

came last year, 32% cheaper stock What is the business of the company?Rainbow Children's Medicare was the first 50-bed pediatric specialty hospital in India to be

started in Hyderabad in 1999. Presently the company has 14 hospitals and 3 clinics in 6 cities across the country. It operates 1500 beds. It provides services for all health

problems related to children, problems related to pregnant women and fertility care.