By ETF Desk
Shares of Manipal Health Ltd. opened today at a gross market price (GMP) of ₹1,100, a 25% premium over the ₹880 issue price, with over 200,000 shares traded during the first hour of the launch.
Market analysts attributed the steep premium to strong demand from the secondary market and the wider institutional appetite for the company’s robust fundamentals and recent expansion into digital health services. Pre-market teasers hinted at a similar premium, which was attained within 30 minutes of trading.
For investors and stakeholders, the premium highlights the confidence in Manipal Health’s earnings trajectory and its ability to capture growing segments in the Indian healthcare sector. Source: Google News – Manipal.