Park Medi World Shares Reach New High Amid Expansion Plans

March 10, 2026

Shares of Park Medi World surged to a fresh high of ₹208.72 apiece, marking a 3.5% increase from the previous peak, as investors reacted positively to the company's expansion plans approved by the board in a meeting today.

Key Highlights:

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• Park Medi World listed on the exchanges on December 17, 2025 and has now provided 30% returns to its IPO investors, with the offer price being ₹162 apiece.
• The company has announced plans to launch a multispecialty hospital in Panchkula on March 29, 2026, with an initial capacity of 350 beds.
• The board has also approved the expansion of beds at Grecian Super Speciality Hospital in Mohali, with an additional 150 beds to be added to the existing 350 beds capacity, at a cost of approximately ₹40 crore.

Consolidated Capacity: The expansion plans will strengthen Park Hospital's consolidated capacity across the Tricity region to 850 beds, making it the largest private healthcare network in the region.

Q3 Results: In the third quarter of the ongoing fiscal year, Park Medi World posted a 16% year-on-year increase in its profit after tax to ₹52.8 crore, with a revenue from operations jumping 18% YoY to ₹410 crore.

Share Price Trend: Park Medi World share price has seen a strong performance, with a 37% year-to-date, 23% in a month, and 8% in a week increase, underscoring investor interest in the stock despite the turbulent Indian stock market.

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