Shares of hospital and healthcare companies rallied up to 6% in Wednesday’s intra-day trade, outperforming a subdued broader market. While the BSE Sensex slipped 0.11%, stocks such as Apollo Hospitals, Aster DM Healthcare, HealthCare Global (HCG), Fortis Healthcare, Narayana Hrudayalaya, Max Healthcare, KIMS, and Yatharth Hospital gained between 3% and 6%.
Apollo Hospitals led the surge, rising 6% to ₹7,640 after reporting a strong Q3FY26 performance. The company posted a 17% year-on-year rise in revenue to ₹6,477 crore. EBITDA grew 27% to ₹965 crore, with margins improving to 14.9%. Consolidated net profit climbed 35% to ₹502 crore, supported by improved profitability in its hospitals and diagnostics businesses.
Apollo has also unveiled a major expansion plan, committing over ₹8,200 crore to add 4,444 beds across India over the next four years. Analysts note that cost optimisation and expansion of complex procedures remain key focus areas.
The sector also drew support from the Union Budget’s proposal to establish five regional medical hubs under a public–private partnership model. Analysts believe this initiative could strengthen India’s position in medical value travel, benefiting hospital chains with significant international patient inflows.
Apollo, Aster DM, Fortis Surge as Healthcare Stocks Outperform Market
