1:5 Upcoming Stock Split: Hospital Stock Set To Split Soon, Record Date Fixed

Krishna Institute of Medical Sciences Ltd shares will soon split in the proportion of 1:5. Last trading price of Krishna Institute of Medical Sciences shares hit second consecutive 52-week high in trade today. Krishna Institute of Medical Sciences has a market capitalisation of Rs 20,520.33 crore. Krishna Institute of Medical Sciences shares offered shareholders return of 40% in last 3-months and surged 104% in last 2-years. Check details below:

Krishna Institute of Medical Sciences Sets Record Date For Stock Split: As per the regulatory filing of Krishna Institute of Medical Sciences issued on September 3, 2024, "we wish to inform you that M/s. Krishna Institute of Medical Sciences Limited ('the Company') has fixed Friday, September 13, 2024, as 'Record Date' to determine the eligibility of shareholders of the Company for Subdivision/split of 1 (One) equity share having face value of Rs.10/- (Rupees Ten Only) each, full paid-up, be sub-divided into 5 (Five) equity shares having face value of Rs.2/- (Rupees Two only) each, fully paid-up, ranking pari-passu in all respects and as approved by the shareholders in the 22nd Annual General Meeting held on August 29, 2024."

Krishna Institute of Medical Sciences Shares Performance: The 52-week high price of Krishna Institute of Medical Sciences shares on BSE is Rs 2610.75 per share (as on 03/09/2024) and 52-week low price is Rs 1625.05 per share (as on 16/10/2023), respectively. Krishna Institute of Medical Sciences shares offered return of 21% in last 1-month, gained 32% in last 1-year, and surged 107% in last 3-years.

KIMS Hospital Financial: Krishna Institute of Medical Sciences (KIMS) declared a surge of 7.18% in its consolidated net profit to Rs 86.6 crore in for Q1 FY25 as against Rs 80.8 crore declared in the corresponding quarter of last year. Revenue from operations of KIMS Hospital surged by 13.6% year on year (YoY) to Rs 688.4 crore for the quarter ended Jun 2024. Profit before tax for June 2024 quarter stood at Rs 127.1 crore, up by 7.17% as against Rs 118.6 crore announced in corresponding quarter of last year. Consolidated EBITDA rose 14.9% YoY to Rs 184 crore and consolidated EBITDA margin jumped by 30 basis points YoY to 26.6% in June 2024 quarter.

About: It came into existence on July 26, 1973 in Mumbai as Jagjit Singh and Sons Private Limited, as a private limited company. Later on it changed its address of its registered office from Maharashtra to Andhra Pradesh on February 21, 2003. The company changed its name in 2004 to Krishna Institute of Medical Sciences Ltd. The market capitalization of the company is Rs 9897 crore.

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