SEBI Reg. Investment Advisor

Download App

MoneyWorks4Me

Narayana Hrudayalaya to acquire 100% stake in NewRise Healthcare

21 Apr 2017 Evaluate

Narayana Hrudayalaya (NH) has entered into a definitive agreement to acquire 100% stake in NewRise Healthcare from Panacea Biotec to announce its first hospital in Gurugram. This transaction is intended to consolidate company’s footprint in the Northern cluster and therefore serve the region’s fast expanding healthcare space.

With a flexible business model, the company aims to fast track its penetration and emerges as a prominent healthcare services provider in the growing NCR market. This multi-speciality hospital is in final stages of completion and is expected to be commissioned within the next 9 months.

Narayana Hrudayalaya is one of the leading private healthcare service providers in India, operating a chain of multispecialty, tertiary and primary healthcare facilities.

Narayana Hrudayalay Share Price

1770.00 -26.75 (-1.49%)
24-Apr-2026 16:59 View Price Chart
Peers

About MoneyWorks4Me

MoneyWorks4Me is a SEBI-registered Investment Adviser (IA) dedicated to helping investors build long-term wealth through transparent, research-driven, conflict-free guidance. Founded in 2008, we started our journey as a Research Analyst (RA), providing deep fundamental analysis, intrinsic value insights, and long-term investing frameworks for Indian equities. In 2017, we transitioned to a full-fledged SEBI-registered Investment Adviser, strengthening our commitment to acting as a fiduciary—always putting the investor’s interest first.

Our Vision

To become India’s most trusted, research-powered fiduciary advisory platform—where every investor, regardless of experience, can make calm, confident, and well-reasoned investment decisions.

What Makes MoneyWorks4Me Different

Our Approach: Ensuring compounding work its magic on client portfolio.

MoneyWorks4Me ensures this through:

×