From Rs 16.81 to Rs 183.85 Per Share: Healthcare Company To Foray Into Diagnostic Testing And Tele-Consultation Segment
The stock gave multibagger returns of 972 per cent from its 52-week low of Rs 16.81 per share and a whopping 11,400 per cent in 3 years.
On Monday, shares of Aayush Wellness Ltd hit a 2 per cent upper circuit to Rs 183.85 per share. The stock also made a new 52-week high is Rs 180.25 per share and its 52-week low is Rs 16.81 per share.
Aayush Wellness Limited, an integrated healthcare company already operating a primary healthcare center, has announced its expansion into diagnostic testing, home sample collection and teleconsultation services. These new offerings will be facilitated through a dedicated website and mobile application, designed to enhance the accessibility and affordability of essential health services, particularly for families and working professionals seeking convenient at-home healthcare. Key services include a comprehensive range of diagnostic lab tests, hassle-free home sample collection, video teleconsultations with qualified doctors and digital access to lab reports and prescriptions.
This strategic move by Aayush Wellness is well-timed, given the robust growth in India's diagnostics market, currently valued at ₹1.11 lakh crore and projected to grow at a CAGR of 14%. Notably, home sample collection is anticipated to contribute significantly, potentially accounting for 25% to 30% of this market share in the coming year. Recognizing this increasing demand for doorstep healthcare solutions, Aayush Wellness aims to leverage its user-friendly digital interfaces and reliable on-ground services to capture a substantial share of this high-growth segment and expand its nationwide presence, thereby redefining healthcare delivery to be faster, more accessible and truly patient-centric.
Aayush Wellness Limited is addressing the current challenges within India's fragmented healthcare system, such as long delays, complex procedures and high costs associated with basic services. By offering a unified digital platform that integrates home sample collection, lab reports and doctor consultations, the company streamlines the entire healthcare journey, eliminating intermediaries and making quality healthcare more affordable and accessible for all households. This digital-first approach empowers individuals to proactively manage their health, fitting seamlessly into the daily lives of patients with chronic conditions, seniors requiring regular monitoring and busy professionals who often defer routine care, ultimately promoting preventive checkups and readily available medical advice.
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About Aayush Wellness Limited: (ISO 9000 and 22000 certified company)
Aayush Wellness Limited [BSE scrip code: 539528], established in 1989, is a pioneering name in health and wellness solutions, dedicated to offering products that merge wellbeing with innovation. We are India’s integrated healthcare company committed to offering quality products and services to enhance the consumer well-being. Aayush Wellness continues to lead the industry in promoting healthier lifestyle choices through its diverse range of wellness products and services.
The company has a market cap of Rs 877.31 crore. The stock gave multibagger returns of 972 per cent from its 52-week low of Rs 16.81 per share and a whopping 11,400 per cent in 3 years.
Disclaimer: The article is for informational purposes only and not investment advice.