Announced Sat, 27 Jun · 19:48 IST
Asarfi Hospital to bid for PPP Medical College project in Dhanbad
Board & Shareholder Meetings View source PDF
Price
▲ positive · ▼ negative · ● neutral filings · teal = economic event · numbered = multiple that day (click to pick). Times IST.
Price reaction · full curve 14 horizons · vs prior close
-3.7%1-day move
₹231.00
prior close
—
base price
After-mkt
timing
5m10m15m30m1D2D3D4D5D7D15D1M2M3M
————-3.7-7.8-6.1-6.1-6.9-9.5-7.3———
Up moveDown movePending
AI summary
Board of Asarfi Hospital approved participating in an RFP by the Jharkhand government to convert the 100-bed District Hospital at Dhanbad into a Medical College under Public-Private Partnership, with at least 100 MBBS seats annually. Board also approved a refundable Bid Security of Rs 3.52 Crores, valid for 180 days. Approval is only to participate in bidding, not project award.
Likely market impact
Positive growth signal as company moves into medical education. Risk: bid may not win and Rs 3.52 Crores stays locked for 180 days.