RAINBOW CHILDREN'S MEDICARE LTD.
NSE : RAINBOWBSE : 543524ISIN
CODE : INE961O01016Industry : Hospital & Healthcare ServicesHouse
: Private
BSE1402.701.95 (+0.14 % )
PREV CLOSE (Rs.) 1400.75
OPEN PRICE (Rs.) 1407.95
BID PRICE (QTY) 0.00 (0 )
OFFER PRICE (QTY) 0.00 (0 )
VOLUME 10404
TODAY'S LOW / HIGH (Rs.)
52 WK LOW / HIGH (Rs.)
NSE1403.40 3.15 (+0.22 % )
PREV CLOSE(Rs.) 1400.25
OPEN PRICE (Rs.) 1403.00
BID PRICE (QTY) 1403.40 (137 )
OFFER PRICE (QTY) 0.00 (0 )
VOLUME 182396
TODAY'S LOW / HIGH(Rs.)
52 WK LOW / HIGH (Rs.)
Company News
| Date | Heading | Details |
|---|---|---|
| 08-Mar-2024 | Rainbow Children's Medicare adds 50-bed additional block in Hydernagar Hospital | <p style="text-align: justify;">Rainbow Children's Medicare has added a around 50-bed additional block to the existing hospital at Hydernagar, Hyderabad, Telangana. The total project cost is around Rs 35 crore. With this addition, the total bed capacity at Hydernagar Hospital will increase to around 160 beds. Consequently, the company's overall bed capacity will increase to around 1,935 beds.</p><p style="text-align: justify;">Rainbow Children's Medicare's core specialties are pediatrics, which includes newborn and pediatric intensive care, pediatric multi-specialty services, pediatric quaternary care (including multi organ transplants); and obstetrics and gynecology, which includes normal and complex obstetric care, multi-disciplinary fetal care, perinatal genetic and fertility care.</p><div style="text-align: justify;"><br></div> |
| 02-Mar-2024 | JSW Steel, Torrent Power and Hindustan Aeronautics to see some action today | <p style="text-align: justify;"><b>JSW Steel</b>'s step down wholly owned subsidiary -- JSW Steel Italy SRL(JSW) and the Ministry of Industry and Made in Italy, the Tuscany Region, the Municipality of Piombino have signed a Memorandum of Understanding (MOU). This MOU is intended to commence & relaunch the Steelworks site of Piombino. Apart from doubling the current rail making capacity from 300,000 tonnes to 600,000 tonnes per annum, the investments at Piombino are aimed at making the Rail Mill more efficient, most modern, technologically advanced and best in class. The project envisages setting up of Tandem Mill, Head Hardening facility and increase the length of rails from 108 to 120 meters. </p><p style="text-align: justify;"><b>Torrent Power</b> has emerged as the successful bidder and has received Letter of Award (LoA) from Railway Energy Management Company (REMCL) on February 29, 2024 for setting up of grid-connected renewable power projects, with or without storage, for supply of 100 MW Round-The-Clock power. Project shall be commissioned within 24 months from the signing of Power Purchase Agreement. The project cost is around Rs 2,700 crore for installing about 325 MW of renewable capacity for supply of 100 MW RE-RTC power. </p><p style="text-align: justify;"><b>Hindustan Aeronautics</b> has signed contract with Ministry of Defence for Manufacture and Supply of RD-33 Aero Engines for MiG-29 aircraft, at a cost of Rs 5,249.72 crore. These Aero Engines are expected to fulfill the need of Indian Air Force (IAF) to sustain the operational capability of the MiG-29 fleet for the residual service life. The aero-engines will be manufactured under Transfer of Technology (TOT) license from the Russian OEM. The programme will focus on indigenisation of several high value critical components, which would help increase the indigenous content of future Repair and Overhaul (ROH) tasks of RD-33 aero-engines.</p><p style="text-align: justify;"><b>Rainbow Children's Medicare</b> has launched its new state-of-art 80 beds spoke hospital at Anna Nagar, Chennai. Anna Nagar is a well-developed locality in north-west Chennai with an excellent social infrastructure and good connectivity to IT Parks and commercial complexes through public transport and major arterial roads. This upscale region serves as preferred residential location for young professionals and families in north-west Chennai.</p><p style="text-align: justify;"><b>Alfa Transformers</b> has received a purchase order worth of Rs 27.39 crore from Gujarat Electricity Board. The order is for Design, Manufacturing and Supply of 10 KVA 4,994 Nos of Transformers from Vadodara plant. The order to be executed within 7 months.</p><p style="text-align: justify;"><b>Hero MotoCorp</b> has sold 468,410 units in February 2024. This translates into a robust 19% growth over the corresponding month (February 2023), when it had sold 394,460 units. Of the total sales in February 2024, the company sold 436,929 motorcycles and 31,481 scooters as against 371,854 motorcycles and 22,606 scooters sold in February 2023. Domestic sales stood at 445,257 units in February 2024, up from sales of 382,317 units in February last year. Besides, the company's exports increased to 23,153 units in February 2024 versus 12,143 units in February 2023.</p><p style="text-align: justify;"><b>Escorts Kubota</b>'s Construction Equipment Segment has sold 611 machines in February 2024 registering a growth of 30.0% as against 470 machines sold in February 2023. With continued focus of Government on infrastructure development and continued budgetary support will ensure the growth momentum in the Construction Equipment industry is sustained.</p> |
| 01-Mar-2024 | Rainbow Children's Medicare launches 80 beds spoke hospital in Chennai | <p style="text-align: justify;">Rainbow Children's Medicare has launched its new state-of-art 80 beds spoke hospital at Anna Nagar, Chennai. Anna Nagar is a well-developed locality in north-west Chennai with an excellent social infrastructure and good connectivity to IT Parks and commercial complexes through public transport and major arterial roads. This upscale region serves as preferred residential location for young professionals and families in north-west Chennai.</p><p style="text-align: justify;">This is the company's 3rd pediatric specialty hospital with integrated perinatal care in Chennai. With this development, the company is further strengthening its presence in Chennai reaching a cumulative bed strength of 270 beds. The hospital in Anna Nagar is designed to be a significant spoke hospital playing a crucial role in Rainbow's network in Chennai. This hospital will provide comprehensive pediatric and obstetrics services, which includes 24X7 consultant led emergency care in pediatrics and obstetrics, outpatient services and level 3 Neonatal and Pediatric intensive care services. Further this hospital would provide the complete fertility services for the people of Chennai and complement the services offered at the Hub hospital at Guindy.</p><p style="text-align: justify;">Rainbow Children's Medicare's core specialties are pediatrics, which includes newborn and pediatric intensive care, pediatric multi-specialty services, pediatric quaternary care (including multi organ transplants); and obstetrics and gynecology, which includes normal and complex obstetric care, multi-disciplinary fetal care, perinatal genetic and fertility care.</p><div style="text-align: justify;"><br></div> |
| 24-Feb-2024 | Rainbow Children's Medicare submits analyst meet intimation | <div style="text-align: justify;">Pursuant to Regulation 30 of the SEBI (Listing obligations and Disclosure Requirements) Regulations, 2015, Rainbow Children's Medicare has informed that it enclosed details of the proposed schedule of Analyst/ Institutional Investor Meetings on February 29, 2024 and March 5, 2024.</div><div style="text-align: justify;"><br></div><div style="text-align: justify;">The above information is a part of company's filings submitted to BSE.</div> |
| 25-Jan-2024 | Rainbow Children's Medicare inaugurates new hospital in Karnataka | <p style="text-align: justify;">Rainbow Children's Medicare has inaugurated a new around 90 beds spoke hospital at Sarjapur, Bengaluru, Karnataka. Post this total bed capacity of the company will increase to around 1,805 beds. The total project cost is around Rs 50 crore. This will further strengthen company's Hub & Spoke network at Bengaluru, Karnataka.</p><p style="text-align: justify;">Rainbow Children's Medicare's core specialties are pediatrics, which includes newborn and pediatric intensive care, pediatric multi-specialty services, pediatric quaternary care (including multi organ transplants); and obstetrics and gynecology, which includes normal and complex obstetric care, multi-disciplinary fetal care, perinatal genetic and fertility care.</p> |
| 16-Jan-2024 | Rainbow Children's Medicare inks pact with Ministry of Health, Zanzibar | <p style="text-align: justify;">Rainbow Children's Medicare (Commonly known as Rainbow Children's Hospital) has signed a landmark agreement with the Ministry of Health, Zanzibar. This collaboration marks a significant milestone, positioning the company as the exclusive pediatric facility amongst the very few hospitals internationally to forge this partnership with the Ministry of Health in Zanzibar.</p><p style="text-align: justify;">The Memorandum of Understanding (MoU), signed on December 29, 2023, at the Ministry of Health office on Motor Road, Zanzibar, underscores a pivotal initiative aimed at extending specialized healthcare services to the children of Zanzibar. The agreement is tailored to facilitate patient referrals for cases that require specialized medical attention not presently available in Zanzibar.</p><p style="text-align: justify;">Rainbow Children's Medicare operates a multi-speciality pediatric, obstetrics and gynaecology hospital chain in India. The company offers a wide range of services such as newborn and pediatric intensive care, pediatric multi-speciality services, pediatric quaternary care, obstetrics and gynaecology, which includes normal and complex obstetric care, and multidisciplinary fetal care, perinatal genetic and fertility care.</p> |
| 16-Jan-2024 | Rainbow Children's Medicare soars on inking pact with Ministry of Health, Zanzibar | <p style="text-align: justify;">Rainbow Children's Medicare is currently trading at Rs. 1291.65, up by 13.15 points or 1.03% from its previous closing of Rs. 1278.50 on the BSE.</p><p style="text-align: justify;">The scrip opened at Rs. 1278.15 and has touched a high and low of Rs. 1296.15 and Rs. 1268.20 respectively. So far 2418 shares were traded on the counter.</p><p style="text-align: justify;">The BSE group 'A' stock of face value Rs. 10 has touched a 52 week high of Rs. 1328.55 on 09-Jan-2024 and a 52 week low of Rs. 682.00 on 28-Mar-2023.</p><p style="text-align: justify;">Last one week high and low of the scrip stood at Rs. 1328.50 and Rs. 1258.20 respectively. The current market cap of the company is Rs. 13093.72 crore.</p><p style="text-align: justify;">The promoters holding in the company stood at 49.83%, while Institutions and Non-Institutions held 37.03% and 13.14% respectively.</p><p style="text-align: justify;">Rainbow Children's Medicare (Commonly known as Rainbow Children's Hospital) has signed a landmark agreement with the Ministry of Health, Zanzibar. This collaboration marks a significant milestone, positioning the company as the exclusive pediatric facility amongst the very few hospitals internationally to forge this partnership with the Ministry of Health in Zanzibar.</p><p style="text-align: justify;">The Memorandum of Understanding (MoU), signed on December 29, 2023, at the Ministry of Health office on Motor Road, Zanzibar, underscores a pivotal initiative aimed at extending specialized healthcare services to the children of Zanzibar. The agreement is tailored to facilitate patient referrals for cases that require specialized medical attention not presently available in Zanzibar.</p><p style="text-align: justify;">Rainbow Children's Medicare operates a multi-speciality pediatric, obstetrics and gynaecology hospital chain in India. The company offers a wide range of services such as newborn and pediatric intensive care, pediatric multi-speciality services, pediatric quaternary care, obstetrics and gynaecology, which includes normal and complex obstetric care, and multidisciplinary fetal care, perinatal genetic and fertility care.</p> |
| 05-Jan-2024 | DCM Shriram, REC and Rainbow Children's Medicare to see some action today | <p style="text-align: justify;"><b>DCM Shriram</b> has signed a Memorandum of Understanding (MoU) with the Government of Gujarat to invest a proposed Rs 12,000 crore in manufacturing of Chemical and Petrochemicals products in the Bharuch by 2028. The company currently has significant Chlor Alkali facilities in Bharuch, Gujarat and aims at increasing the existing capacities while adding new products to its ChlorAlkali portfolio.</p><p style="text-align: justify;"><b>REC </b>has signed a Memorandum of Understanding (MoU) with Bank of Baroda in order to facilitate joint sanctions of loans to fund power, infrastructure and logistics projects in the country over the next three years. Recognizing the pressing need to fortify these critical domains, REC and Bank of Baroda unite with a shared vision of advancing sustainable growth and bolstering the nation's infrastructural backbone. By pooling resources and expertise, both entities endeavor to champion initiatives that will invigorate economic development and enhance accessibility to essential services nationwide.</p><p style="text-align: justify;"><b>Rainbow Children</b>'s Medicare (RCML) has commenced its latest hospital, with 60 beds, at Central Hyderabad, Himayat Nagar, Hyderabad. This is Rainbow's 8th hospital in Hyderabad and is strategically located in the densely populated and commercially important area of central Hyderabad. This will further strengthen company's presence with combined 890 beds in the city. The new hospital has been envisaged as a spoke hospital and will form an important part of the Rainbow's Hub and Spoke network in Hyderabad. </p><p style="text-align: justify;"><b>Advait Infratech</b> has signed two a Memorandum of Understanding (MOUs) with the Government of Gujarat that will contribute significantly to the growth of the company and the state of Gujarat. The company has signed first MoU for the manufacturing and assembly of Fuel Cell and Electrolyser at Kadi, Mehsana, Gujarat in the year 2024. This strategic initiative aims to leverage the state's conducive business environment, thereby contributing to the economic development of the region. </p><p style="text-align: justify;"><b>Syrma SGS Technology </b>has incorporated a Wholly Owned Subsidiary Company (WOS) named Syrma Mobility (SMPL) on January 3, 2024. SMPL intends to carry on the business of designers and manufacturers, buyers, sellers, assemblers, exporters, importers, distributors, agents, and dealers in memory chips, memory modules, PCB assemblies and other storage products, printers, readers magnetic or otherwise, CRT displays and terminals and all other electronic and communication equipment and parts, components, assemblies and subassemblies to be used in the computer and electronic industry including voice coils, voice coil actuator assembly, antenna coils, smart cards and radio frequency identification devices.</p><p style="text-align: justify;"><b>Jupiter Wagons</b>, a provider of comprehensive mobility solutions encompassing rail, road and marine transportation has announced the receipt of a significant contract with the Ministry of Defence for the manufacturing and supply of 697 Boggie Open Military (BOM) Wagons. This esteemed contract, valued at Rs 473 crore, along with the visionary leadership of the Ministry of Defence underscores Jupiter Wagons' commitment to India's firm stance for an Atmanirbhar Bharat. This landmark contract, mark a significant step towards bolstering indigenous production and fostering the participation of the private sector in defence manufacturing.</p><p style="text-align: justify;"><b>Shree Cement</b>, one of India's largest cement manufacturers, has announced a revamp of its corporate brand identity and launched multiple brand offerings, with Bangur as the master brand. The new Bangur brand identity is anchored on the idea of Build Smart - a core philosophy capturing the company's consumer proposition, organizational philosophy, and national ambition.</p> |
| 05-Jan-2024 | Rainbow Children's Medicare jumps on commencing new hospital at Hyderabad | <p style="text-align: justify;">Rainbow Children's Medicare is currently trading at Rs. 1249.95, up by 26.95 points or 2.20% from its previous closing of Rs. 1223.00 on the BSE.</p><p style="text-align: justify;">The scrip opened at Rs. 1230.00 and has touched a high and low of Rs. 1254.75 and Rs. 1227.40 respectively. So far 5635 shares were traded on the counter.</p><p style="text-align: justify;">The BSE group 'A' stock of face value Rs. 10 has touched a 52 week high of Rs. 1254.75 on 05-Jan-2024 and a 52 week low of Rs. 682.00 on 28-Mar-2023.</p><p style="text-align: justify;">Last one week high and low of the scrip stood at Rs. 1254.75 and Rs. 1182.60 respectively. The current market cap of the company is Rs. 12623.76 crore.</p><p style="text-align: justify;">The promoters holding in the company stood at 49.83%, while Institutions and Non-Institutions held 37.03% and 13.14% respectively.</p><p style="text-align: justify;">Rainbow Children's Medicare (RCML) has commenced its latest hospital, with 60 beds, at Central Hyderabad, Himayat Nagar, Hyderabad. This is Rainbow's 8th hospital in Hyderabad and is strategically located in the densely populated and commercially important area of central Hyderabad. This will further strengthen company's presence with combined 890 beds in the city. The new hospital has been envisaged as a spoke hospital and will form an important part of the Rainbow's Hub and Spoke network in Hyderabad. This hospital will provide comprehensive pediatric and obstetrics services, which includes consultant led 24X7 emergency care in pediatrics and obstetrics, outpatient services and level 3 neonatal and pediatric intensive care services.</p><p style="text-align: justify;">RCML is working incessantly to strengthen its service offerings to achieve its goal of providing quality pediatric healthcare across cities. The company's plan to add around 1000 beds in the cities of Hyderabad, Bengaluru, Chennai, National Capital Region and Tier-2 cities of Andhra Pradesh and Tamil Nadu over the next 5 years remains on track. </p><p style="text-align: justify;">Rainbow Children's Medicare's core specialties are pediatrics, which includes newborn and pediatric intensive care, pediatric multi-specialty services, pediatric quaternary care (including multi organ transplants); and obstetrics and gynecology, which includes normal and complex obstetric care, multi-disciplinary fetal care, perinatal genetic and fertility care.</p> |
| 04-Jan-2024 | Rainbow Children's Medicare commences new hospital at Hyderabad | <p style="text-align: justify;">Rainbow Children's Medicare (RCML) has commenced its latest hospital, with 60 beds, at Central Hyderabad, Himayat Nagar, Hyderabad. This is Rainbow's 8th hospital in Hyderabad and is strategically located in the densely populated and commercially important area of central Hyderabad. This will further strengthen company's presence with combined 890 beds in the city. The new hospital has been envisaged as a spoke hospital and will form an important part of the Rainbow's Hub and Spoke network in Hyderabad. This hospital will provide comprehensive pediatric and obstetrics services, which includes consultant led 24X7 emergency care in pediatrics and obstetrics, outpatient services and level 3 neonatal and pediatric intensive care services.</p><p style="text-align: justify;">RCML is working incessantly to strengthen its service offerings to achieve its goal of providing quality pediatric healthcare across cities. The company's plan to add around 1000 beds in the cities of Hyderabad, Bengaluru, Chennai, National Capital Region and Tier-2 cities of Andhra Pradesh and Tamil Nadu over the next 5 years remains on track. </p><p style="text-align: justify;">Rainbow Children's Medicare's core specialties are pediatrics, which includes newborn and pediatric intensive care, pediatric multi-specialty services, pediatric quaternary care (including multi organ transplants); and obstetrics and gynecology, which includes normal and complex obstetric care, multi-disciplinary fetal care, perinatal genetic and fertility care.</p><div style="text-align: justify;"><br></div> |
