The Supreme Court’s scathing remarks on prices charged by private hospitals have sent their stocks crashing. Whether this presents a great buying opportunity is open to debate.
Take a sector that has outperformed the market, even by the ongoing bull run’s standards. Add heightened private equity and primary market interest. Multiply this by a supply-constrained situation in which demand is booming. And did I mention that companies in this sector also get copious government support?
Like me, if you are offered an opportunity to invest in such a sector, you’ll probably say, “Just take my money”. Without a second thought. For years, most investors did exactly that with stocks of private corporate hospital chains such as Apollo Hospitals, Max Healthcare, Global Health (Medanta), Narayana Health and Fortis …
Ujval leads our Business vertical at The Morning Context. In a corporate career spanning 14 years, he has worked across startups, consulting firms, multinational corporations and large Indian companies, including India Infoline, ICICI, KPMG, Tata Steel and Jubilant Pharma. Ujval has been a freelance writer and trainer for eight years, with bylines in Forbes India and The Economic Times.
Editor, Business
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