India Hospital Stocks Up After Rate Hike

  Published 8 months ago

India raises hospital procedure rates, boosting major healthcare stocks across Fortis, Apollo, Max, Narayana, and the sector.

  • Macquarie expects 5‑30% rate hikes in cardiology, neurology, oncology, orthopedics, and labeling meaningful revision after fifteen.
  • Fortis leads gain, up 7%, while Narayana climbs 5%; Apollo and Max rise modestly today.
  • Analysts project mid‑single‑digit EBITDA growth for Max and Apollo, assuming a high‑teens rate increase in 2025.

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