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Rainbow Childrens Medicare Limited ( (IN:RAINBOW) ) has provided an update.
Rainbow Children’s Medicare Limited has inaugurated a new 90-bed spoke hospital in Electronic City, Bengaluru, increasing its total capacity to approximately 2,375 beds across India. The ₹55 crore facility, funded through internal accruals, will operate as a spoke aligned with the company’s existing hub hospital in Marathahalli, strengthening its hub-and-spoke network in a fast-growing corridor with a young population and rising healthcare needs, and offering a full spectrum of pediatric and perinatal services to deepen its presence in the strategically important Bengaluru market.
More about Rainbow Childrens Medicare Limited
Rainbow Children’s Medicare Limited is a specialized healthcare provider focused on pediatric, neonatal, and perinatal services, including consultant-led pediatric care, neonatal and pediatric intensive care, pediatric emergencies, specialty pediatric clinics, and obstetrics, gynecology, fetal medicine and IVF under its Birthright brand. The company operates a hub-and-spoke model across India with a total current capacity of around 2,285 beds and considers Bengaluru one of its key focus markets.
Average Trading Volume: 10,467
Technical Sentiment Signal: Sell
Current Market Cap: 120.4B INR
Find detailed analytics on RAINBOW stock on TipRanks’ Stock Analysis page.