Medanta -The Medicity is Gurgaon based multi-speciality hospital. The company is owned by Global Healthcare, in which Naresh Trehan, the founder has a 54.84% holding.
The other major investor in Medanta: Punj Lloyd, NSE listed company. Punj Lloyd has 17% stake in the Medanta and as per last trasaction - that stake is valued at roughly Rs. 600 crores. Recently, there has been lots of speculation that Punj Lloyd may sell non core assets to reduce debt. Well, does that mean selling stake in Medanta? Well, we will see.
The blogpost is purely for educational purpose. Please do not make any trade based on this article. Please do your own due diligence.