Rainbow Children’s Healthcare is one of the fastest growing chains of Hospitals in India with a vision of affordable healthcare for all. Under this hospital chain, there are 16 hospitals and 3 outpatient clinics. In Hyderabad and Bangalore there are 7 and 3 hospitals. Delhi and Chennai has 2 hospitals each. Other centers are in Vijayawada and Vishakhapattam with one hospital in each location.
Rainbow Children’s Hospital is renowned as one of India’s top institutions for mother and child care, boasting over 23 years of experience. With a network of 16 hospitals and 3 clinics spanning 6 cities, they offer a comprehensive range of pediatric and OB/GYN services, including multi-organ transplants and advanced fertility care. Their dedicated team of specialized doctors and medical staff is committed to treating every child as their own. The hospital stands as a beacon of hope for countless families, having transformed the dreams of parenthood into reality for many.
It trades on NSE with the symbol RAINBOW. It is sometimes called Rainbow hospitals. In this post we are going to see the share price target of Rainbow hospitals from 2023 to 2030.
Can RAINBOW share price touch 1500 INR by 2025? Let’s find out.
The firm is concentrated on carrying out the business strategy presented at the IPO, which calls for the addition of 1000 beds throughout the target areas. 270 more beds are scheduled to be added for the current fiscal year in Central Hyderabad (60 beds), Hydernagar (50 beds), Anna Nagar (80 beds), and Sarjapur (80 beds).
In the next fiscal year, Rajahmundry (100 beds) and a new spoke hospital in Bengaluru (60 beds) are expected to open an additional 160 beds. Additionally, by FY26-27, the business wants to add 400 more beds around the National Capital Region.
What You Need To Know About Rainbow Children’s Medicare
Rainbow Children’s Medicare is a public limited company registered with Companies House. Originally registered as “Rainbow Children’s Medicare Private Limited” under the Public Limited Company clause, we became “Rainbow Children’s Medicare Limited” on November 3 2021 following the approval of our shareholders who passed the Certificate of Incorporation Special Resolution.
The company offers a wide range of services including primary care, secondary care, tertiary care, and quaternary care.
Background about Rainbow Children’s Medicare Hospital
Rainbow Children’s Medicare is a leading provider of pediatric healthcare services in India. The company has a strong presence in both urban and rural areas, with a network of over 200 hospitals and clinics. It also has a strong focus on research and development, with over 50% of its revenues coming from R&D activities.
ICRA expects Rainbow Children’s Medicare to report strong growth in the coming years, driven by increasing demand for paediatric healthcare services in India. The company is well-positioned to benefit from this demand due to its strong brand equity, large scale operations, and diversified service offering.
The Market for Rainbow Children’s Medicare
The market for Rainbow Children’s Medicare Share Price Target is quite good in the current scenario. The company has a foothold in the Indian markets, and many customers love their products. The shares are currently undervalued, which gives an investor a lot of opportunity for speculation on their appreciation in value. Set the share price target at a height that is both realistically achievable and attainable in the near future.
When | Maximum Price | Minimum Price |
December 2023 | ₹1,217.16 | ₹1,058.40 |
When | Maximum Price | Minimum Price |
January 2024 | ₹1,242.00 | ₹1,080.00 |
February 2024 | ₹1,267.35 | ₹1,102.04 |
March 2024 | ₹1,293.21 | ₹1,124.53 |
April 2024 | ₹1,255.54 | ₹1,091.78 |
May 2024 | ₹1,236.99 | ₹1,075.64 |
June 2024 | ₹1,281.52 | ₹1,114.37 |
July 2024 | ₹1,268.71 | ₹1,103.22 |
August 2024 | ₹1,319.45 | ₹1,147.35 |
September 2024 | ₹1,372.23 | ₹1,193.25 |
October 2024 | ₹1,345.33 | ₹1,169.85 |
November 2024 | ₹1,385.69 | ₹1,204.94 |
December 2024 | ₹1,420.33 | ₹1,235.07 |
When | Maximum Price | Minimum Price |
January 2025 | ₹1,448.73 | ₹1,114.41 |
February 2025 | ₹1,485.88 | ₹1,142.99 |
March 2025 | ₹1,543.83 | ₹1,187.56 |
April 2025 | ₹1,513.56 | ₹1,164.28 |
May 2025 | ₹1,469.48 | ₹1,130.37 |
June 2025 | ₹1,535.60 | ₹1,181.23 |
July 2025 | ₹1,505.49 | ₹1,158.07 |
August 2025 | ₹1,552.05 | ₹1,193.89 |
September 2025 | ₹1,606.38 | ₹1,235.67 |
October 2025 | ₹1,648.14 | ₹1,267.80 |
November 2025 | ₹1,689.35 | ₹1,299.50 |
December 2025 | ₹1,731.58 | ₹1,331.98 |
Year | Maximum Price | Minimum Price |
2026 | ₹1,818.16 | ₹1,272.71 |
2027 | ₹1,999.97 | ₹1,399.98 |
2028 | ₹2,799.96 | ₹1,399.98 |
2029 | ₹2,424.21 | ₹1,212.11 |
2030 | ₹3,151.47 | ₹2,206.03 |
Estimated Revenue of Rainbow Children Medicare
The revenue of Rainbow Children’s Medical is expected to reach 16.26 Billion in the end of year 2024.
So, investing for a long term will provide huge growth for the investors. Analysts predicts that there may a small dip in 2025 but that is the right time to buy stocks which will hike up in the next year gradually and gives great growth in 2038 to 2030.
The drivers for this share price target are as follows:
1) Strong growth prospects: The company has strong growth prospects, driven by rising income levels and healthcare expenditure in India.
2) Favourable demographics: The company benefits from favorable demographics, with a large base of young population in India.
3) The company has a diversified product portfolio, which covers various segments of the healthcare market. Their experienced management team helped to execute successful strategies in the past.
4) It has a good and strong Earning per share growth.
5) Positive quarterly growth can e clearly seen by analyzing the recent results.
The company has a favorable reputation and many customers depend on their products for quality.
Moreover, the company enjoys a large customer base and a wide distribution network. However, the competition is intense in this sector and there are many other companies offering similar products at lower prices.
FAQ
Rainbow Hospital’s Share price target for 2030 is ₹3,151.47 INR.
How many hospitals are owned by Rainbow hospital group in India?
Currently the Rainbow Hospital Group operates 16 hospitals and 3 outpatient clinics from their locations in India. The hospitals are in Hyderabad, Bangalore, Delhi, Chennai, and Vijayawada.
What is the Rainbow Children’s Market Capital?
As of December 15th, Rainbow Children’s Medicare has a Market Cap of 11,441 crores.
The maximum value the Rainbow Children’s Share price can reach up to ₹1,731.58 in 2025. And the minimum value will come around ₹1,164.28.
It is expected for Rainbow Children’s hospital to touch Rs. 2000 in the year 2027.
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Conclusion
Children’s hospital sector is expected to grow, and according to our research and price prediction, Rainbow Hospital share price is a good buy. The company has strong infrastructure and is well-placed to capitalize on the growth of healthcare services in India. Out of all hospitals, Rainbow hospital YOY growth is the highest.
At the time of writing this article, I do not have any holdings of Rainbow Children’s share. However, I do plan to take positions in future.Also, the future is uncertain, as proved in 2020 during the boom of CoronaVirus.
What did we learn?
- 1
- 2 What You Need To Know About Rainbow Children’s Medicare
- 3 Background about Rainbow Children’s Medicare Hospital
- 4 The Market for Rainbow Children’s Medicare
- 5 Rainbow Children’s Medicare Share Price Prediction 2023 To 2030
- 6 Estimated Revenue of Rainbow Children Medicare
- 7 Drivers of Rainbow Capitals’ Share Price
- 8 What is the competitive landscape for Rainbow Children’s Medicare Share Price Target?
- 9 FAQ
- 10 Conclusion