India TV

Healthcare stock gains as company secures Rs 200 crore mandate for 550-bed super-speciality hospital

Shares of hospital chain Park Medi World Ltd gained on Wednesday, August 26, 2026, as the company has informed exchanges that it has been awarded a mandate under the Public-Private Partnership (PPP) model to develop and operate a 550-bed multi-super-speciality hospital in Prayagraj district of Uttar Pradesh. The construction work needs to be completed within two years from the appointed date. According to the exchange filing, the additional bed capacity will cater to the healthcare needs of communities residing in and around the Prayagraj region.