Rainbow Childrens Medicare adds 50-bed hospital in Guntur, AP via lease
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Rainbow Children's Medicare will set up a 50-bed women's and children's hospital in Guntur, Andhra Pradesh, via a long-term lease of an existing newly built hospital building. Investment is about Rs 15 crore, funded entirely through internal accruals. Expected commissioning by September 2026. Current capacity stands at 2,435 beds with 46.3 percent utilization. The leased premises allow a faster ramp-up than building from scratch.
Small, lease-based expansion of 50 beds in AP via Rs 15 Cr. Faster ramp-up than greenfield, but limited near-term impact on stock.