Krishna Institute of Medical Sciences (KIMS) started the trading day on a strong note, with its share price gaining nearly 2% following the announcement of a new super specialty hospital in Tamil Nadu. The market responded positively to the company’s expansion plans, reflecting investor interest in its growing healthcare footprint.
At 09:17 am, KIMS was quoting at Rs 650.40, up Rs 10.80, or 1.69%, on the BSE.
Market Performance
- Opening Price: Rs 650.40
- Gain: Rs 10.80 (+1.69%)
- Previous Close: Rs 639.60 (+0.84%)
- 52-Week High: Rs 798.00
- 52-Week Low: Rs 474.55
- Current Market Cap: Rs 25,592.89 crore
The stock currently trades 19.85% below its 52-week high and 34.78% above its 52-week low, reflecting steady investor confidence despite market volatility.
Main News: New Super Specialty Hospital in Tamil Nadu
KIMS has entered into a leave & license agreement with Andhra Mahila Sabha for a long-term lease of land measuring approximately 1.168 acres (21.19 grounds). The plot is located on Dr. Durgabai Deshmukh Road, Raja Annamalai Puram, Chennai, Tamil Nadu.
The company plans to set up a super specialty hospital on this site with the following key details:
- Proposed Capacity: Approximately 300 beds
- Execution Timeline: 36 months
- Investment: Around Rs 300 crore
- Funding Source: Combination of bank loans and internal accruals
- Lease & Construction: Lease rental, construction, and medical equipment purchases to be funded through internal and bank resources
This expansion aligns with KIMS’ strategy of increasing healthcare accessibility and bed capacity across India.
Company Details and Recent Developments
KIMS and its subsidiaries currently have an overall bed capacity of over 8,800 beds as of 30th September 2025. For H1FY26, the occupancy rate stands at around 51%, reflecting steady utilization across its network of hospitals.
Recently, KIMS Hospital Bengaluru commenced operations at its new 350-bedded, multi-specialty tertiary care hospital located on the PES University campus in Electronic City, Bengaluru. This addition further strengthens KIMS’ presence in South India.
Summary
KIMS share price opened higher today, reflecting market optimism following the announcement of its new super specialty hospital in Chennai.
- The stock rose nearly 2%, trading at Rs 650.40
- Expansion includes a 300-bed hospital with an investment of Rs 300 crore
- KIMS’ total bed capacity now exceeds 8,800 beds, with a 51% occupancy for H1FY26
- Bengaluru hospital operations added 350 beds, enhancing KIMS’ healthcare network
The development signals KIMS’ continued focus on capacity expansion and strengthening its presence in key regions. Investors are tracking the stock as the company executes its ambitious growth plans in Tamil Nadu and beyond.
Source: Moneycontrol
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