Latest news with #ThyrocareTechnologies
&w=3840&q=100)
Business Standard
13-06-2025
- Business
- Business Standard
Narayana, Max Healthcare shares gain up to 5%, hit new highs in weak market
Shares of hospitals and healthcare services providers were in demand, and rallied up to 5 per cent on the BSE in Friday's intra-day trade in an otherwise weak market on the back of a healthy outlook. Shares of Narayana Hrudayalaya hit a new high of ₹1,906.15, surging 5 per cent on the BSE in intra-day trade. The stock surpassed its previous high of ₹1,872.85 touched on April 21, 2025. The share price of Max Healthcare Institute also hit a new high of ₹1,234.70, gaining 3 per cent in intra-day trade. It surpassed its earlier high of ₹1,227.50 touched on January 8, 2025. Thyrocare Technologies (up 5 per cent at ₹1,028.90) and Krishna Institute of Medical Sciences or KIMS (up 3 per cent at ₹683.05) were up in the range of 3 per cent and 5 per cent. In comparison, the BSE Sensex was down 0.73 per cent at 81,096 at 02:01 PM. Most Indian hospitals have now broken even and started contributing to profits. There is a rising demand for specialized treatments, including oncology and high-end surgical procedures. This trend is contributing to higher ARPOB (Average Revenue per Occupied Bed) and overall revenue growth. According to analysts at Choice Equity Broking, accounting for ~5-7 per cent of revenue, medical tourism is expected to grow at nearly double the overall rate in the mid-term. Factors such as normalization in the geo-political issue, operationalization of a new airport in Noida, affordable treatment costs, world-class facilities, and skilled medical personnel will continue to attract international patients, particularly from Southeast Asia and the Middle East, analysts said. Meanwhile, India's healthcare sector is on the cusp of significant transformation, driven by increased public and private investments, policy initiatives, and demographic shifts. Despite the current challenges, including disparities in healthcare infrastructure and the availability of medical services in the workforce between urban and rural areas, the future looks promising with sustained efforts and strategic investments. As of 2022, India's healthcare spending accounted for 3.3 per cent of the GDP; however, with sustained efforts, it is anticipated to reach 5 per cent by 2030, according to CareEdge Ratings. Looking forward, the rising share of the population aged over 45 years, coupled with income growth, is also expected to catalyse higher demand for quality healthcare services. This demand will likely translate into sustained investments across the entire value chain, from medical education and training to hospital infrastructure and digital healthcare technologies, the rating agency said. As per latest available data from National Health Accounts (NHA), government healthcare spending has increased significantly in recent years. The government health expenditure (GHE) as a percentage of GDP grew from ~1.1 per cent in FY15 to ~1.8 per cent in FY22. Similarly, its share within the general government expenditure (GGE) saw a notable rise, climbing from ~3.9 per cent in FY15 to ~6.1 per cent in FY22. GHE as a percentage of total health expenditure (THE) grew from 40.8 per cent in FY18 to 48.0 per cent in FY22, demonstrating a shift toward government-funded healthcare. These trends highlight the government's growing commitment to strengthening the healthcare sector. Furthermore, per capita government health expenditure rose from ₹ 1,753 in FY18 to ₹ 3,169 in FY22 at a 16 per cent CAGR, indicating increased spending on healthcare services per individual, analysts at Elara Capital said in the Health Insurance sector update.
Economic Times
25-05-2025
- Health
- Economic Times
Rs 5,000 crore tycoon says real success is when others are 'jealous' of your mother
Tired of too many ads? Remove Ads About Dr. A. Velumani Renowned entrepreneur and billionaire Dr. Arokiaswamy Velumani recently took to social media platform X to share a heartfelt message that resonated with many. On Sunday, the visionary founder of Thyrocare Technologies posted a thoughtful statement urging men to uplift and cherish the women in their lives. His words read: 'Instead of allowing the women in your life to feel envious of others, treat them in a way that makes others envious of them.'Through this short but profound message, Dr. Velumani emphasized that this wisdom isn't just limited to romantic relationships. He explained that both sons and daughters have a role in ensuring their mothers feel respected, loved, and proud. 'It's not just your spouse,' he elaborated. 'True success is when people look at your mother and wish they were in her place.'A vocal supporter of traditional family values , Velumani frequently advocates for nurturing strong familial bonds. He is equally vocal about the importance of instilling discipline in children rather than spoiling them. Back in April, he commented on the negative impact of overindulgence, stating that pampered children often grow up with inflated egos and unrealistic expectations. His tweet warned, 'Increased stress stems from rising arrogance and entitlement. Dear parents, stop over-pampering.'Reflecting on years of observing young adults, he highlighted two contrasting parenting approaches. Children encouraged to tackle challenges on their own tend to become confident, self-assured, and resilient. Meanwhile, those raised under constant supervision and frequent comparisons often become anxious, insecure, and emotionally fragile. He strongly believes that these outcomes are less about wealth and more about the parenting philosophy Born on April 12, 1959, Dr. A. Velumani is a distinguished Indian businessman who built his empire from humble beginnings. As the founder of Thyrocare Technologies Ltd., headquartered in Navi Mumbai, he transformed diagnostic healthcare in India. He later launched Nuclear Healthcare Limited, a radiology-focused firm, broadening his impact in the medical testing and imaging sector comes from the village of Appanaickenpatti Pudur, located near Coimbatore in what was once part of the Madras State. His father worked the land as a farmer, while his mother, a homemaker, took on the responsibility of raising buffaloes and selling their milk to support the family.
Time of India
25-05-2025
- Health
- Time of India
Rs 5,000 crore tycoon says real success is when others are 'jealous' of your mother
— velumania (@velumania) About Dr. A. Velumani Renowned entrepreneur and billionaire Dr. Arokiaswamy Velumani recently took to social media platform X to share a heartfelt message that resonated with many. On Sunday, the visionary founder of Thyrocare Technologies posted a thoughtful statement urging men to uplift and cherish the women in their lives. His words read: 'Instead of allowing the women in your life to feel envious of others, treat them in a way that makes others envious of them.'Through this short but profound message, Dr. Velumani emphasized that this wisdom isn't just limited to romantic relationships. He explained that both sons and daughters have a role in ensuring their mothers feel respected, loved, and proud. 'It's not just your spouse,' he elaborated. 'True success is when people look at your mother and wish they were in her place.'A vocal supporter of traditional family values , Velumani frequently advocates for nurturing strong familial bonds. He is equally vocal about the importance of instilling discipline in children rather than spoiling them. Back in April, he commented on the negative impact of overindulgence, stating that pampered children often grow up with inflated egos and unrealistic expectations. His tweet warned, 'Increased stress stems from rising arrogance and entitlement. Dear parents, stop over-pampering.'Reflecting on years of observing young adults, he highlighted two contrasting parenting approaches. Children encouraged to tackle challenges on their own tend to become confident, self-assured, and resilient. Meanwhile, those raised under constant supervision and frequent comparisons often become anxious, insecure, and emotionally fragile. He strongly believes that these outcomes are less about wealth and more about the parenting philosophy Born on April 12, 1959, Dr. A. Velumani is a distinguished Indian businessman who built his empire from humble beginnings. As the founder of Thyrocare Technologies Ltd., headquartered in Navi Mumbai, he transformed diagnostic healthcare in India. He later launched Nuclear Healthcare Limited, a radiology-focused firm, broadening his impact in the medical testing and imaging sector comes from the village of Appanaickenpatti Pudur, located near Coimbatore in what was once part of the Madras State. His father worked the land as a farmer, while his mother, a homemaker, took on the responsibility of raising buffaloes and selling their milk to support the family.
Time of India
02-05-2025
- Business
- Time of India
He made Rs 7,000 crore wealth with ZERO loan. Now, he is warning Indians about 'EMI and Stress' trap
Dr. A. Velumani recently shared a tweet on three kinds of people who make money. According to him one category earns enough, but cannot manage the funds wisely, while another makes enough money and manages it well, thus leading to no financial stress. He pointed out a third category where one earns enough and also manages to grow their wealth. In a follow-up post, he shared a chart and pointed out the financial behaviour from the 1960s to the 1990s. #Pahalgam Terrorist Attack India's Rafale-M deal may turn up the heat on Pakistan China's support for Pakistan may be all talk, no action India brings grounded choppers back in action amid LoC tensions The Thyrocare founder shared his observations, and a chart from Paisabazaar that offers a sharp reflection on the evolving financial behaviour across generations. The graph highlights a striking trend—people are using credit products at increasingly younger ages. While those born in the 1960s waited until 47 to access credit, millennials born in the 1990s began their credit journeys by age 26. If extrapolated to Gen Z and the 2020s, we may soon see individuals engaging with credit in their early twenties or even teens. — velumania (@velumania) Velumani's commentary captures the underlying concern: the normalisation of debt is being mistaken for progress. His pointed remark—'Many feel and claim, the more the EMI, the happier is life'—sheds light on a cultural shift where consumerism and status symbols often mask underlying financial stress. By tying this to his earlier framework of three financial personas, he implies that most people fall into the first category—earning enough, but failing to manage it wisely, leading to chronic stress. His warning is subtle yet urgent: if younger generations continue this trajectory without financial literacy and restraint, stress levels could surge by 2050, fueled by mounting EMIS and lifestyle inflation. The antidote, as Velumani suggests, lies in wise saving, intelligent investing, and mindful living—choices that lead not only to wealth, but true peace of mind. Dr A Velumani and loan Born in a modest village in Tamil Nadu, Dr. A. Velumani's rise to prominence is a testament to grit and frugality. After starting his career as a government research scientist, he went on to build Thyrocare Technologies—one of India's most successful diagnostic chains—without ever taking a loan. His strategy was simple but powerful: spend less, reinvest profits, and scale sustainably. In 2021, Velumani made headlines when he sold a majority stake in Thyrocare to PharmEasy for Rs 4,500 crore. At the time, he owned over 66% of the company—a stake built entirely through years of disciplined reinvestment, not through borrowed capital or flashy fundraising. What sets him apart in today's startup-fueled, loan-heavy economy is his aversion to debt. 'I never borrowed money, not even once,' Velumani said in an interview to Value Research. For him, growth was never about chasing rapid expansion with risky capital. Instead, he championed what he calls incremental growth through reinvestment, believing it to be the most stable and responsible way to build a lasting business.
Economic Times
27-04-2025
- Business
- Economic Times
Smallcap rally fizzles out! Only 38 double-digit weekly gainers as India-Pakistan tensions escalate
The smallcap rally, which saw over 100 stocks delivering double-digit returns in the previous week, lost momentum sharply in the week gone by as only 38 stocks managed to clock double-digit gains. Analysts attribute this to profit booking set in after the recent sharp run-up. ADVERTISEMENT Rajratan Global Wire topped the smallcap gainers list with a 32% weekly gain, followed by Thyrocare Technologies (27.5%), Best Agrolife (27.4%), Peninsula Land (26.8%), and Carraro India (26.2%). Nearly 30 smallcaps, including Manorama Industries, Tanfac Industries, Mufin Green Finance, Butterfly Gandhimathi, and Welspun Specialty Solutions, delivered healthy weekly gains in the 10–20% range. In the midcap space, AU Small Finance Bank was the top performer, gaining 15%, followed by Tata Elxsi (14.5%), Coforge (12.1%) and Mphasis (11.6%). Among Sensex constituents, Tech Mahindra led the pack with an 11.9% gain, followed by HCL Technologies (9.8%) and Mahindra & Mahindra (6.8%). The sharp cooling in the number of double-digit gainers highlights that smallcap sentiment has turned cautious after last week's euphoria, with investors becoming more selective ahead of the earnings-heavy weeks ahead. ADVERTISEMENT Looking ahead, analysts expect stock-specific action to dominate with earnings season picking up pace. Foreign investors are likely to be on a wait-and-watch approach in the near term to overview the geopolitical tension. "However, India has historically shown resilience during such periods given the buoyant nature of its domestic economy. For long-term investors, it is fair to take this as an opportunity to accumulate quality stocks/sectors during further dips for long-term gains," said Vinod Nair, Head of Research, Geojit Financial Services. ADVERTISEMENT On the technical front, analysts say caution remains the need of the hour."Nifty has slipped after a consolidation on the daily chart, indicating a rise in bearish sentiment. Additionally, the index has fallen below its 200-DMA, signaling a potential re-entry into a bearish trend. Support is placed at 23800/23515 levels," said Rupak De, Senior Technical Analyst at LKP Securities. ADVERTISEMENT With data inputs from Ritesh Presswala (Disclaimer: Recommendations, suggestions, views and opinions given by the experts are their own. These do not represent the views of Economic Times.) (You can now subscribe to our ETMarkets WhatsApp channel)
