Medanta Share Price History & Returns (2022 To 2024)
Show Table of Contents
Table of Contents
- 1: Medanta (Global Health) Share Highlights
- 1.1: 52-Week High Low
- 1.2: All Time High
- 2: Short Info About Medanta (Global Health)
- 3: Medanta (Global Health) Recent Performance
- 4: Medanta (Global Health) Share Price Chart From 2022 to 2024
- 5: Medanta (Global Health) Share Price History Table From 2022 to 2024
- 6: Analyzing the Impact of Investing in Medanta (Global Health)
- 6.1: Medanta (Global Health) Share Returns In Last 5 Years
- 6.2: Medanta (Global Health) Share VS FD (Normal) VS FD (Compounding)
Medanta (Global Health) Share Highlights
As of Thu 21 Nov 2024, Medanta (Global Health) Share price is ₹1,072.9 which is ₹441.00 below 52-week high of ₹1,513.9 and ₹183.95 above 52-week low of ₹888.95
52-Week High Low
- Medanta (Global Health) 52-Week High is ₹1,513.9 occured on Fri 16 Feb 2024
- Medanta (Global Health) 52-Week Low is ₹888.95 occured on Wed 22 Nov 2023
All Time High
- The all-time high or the highest price that Medanta (Global Health) shares have ever touched was ₹1,513.9 and this occurred on Fri 16 Feb 2024.
- The highest closing price at which Medanta (Global Health) shares have ever closed was ₹1,487.05 recorded on Fri 23 Feb 2024.
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Short Info About Medanta (Global Health)
Global Health (Medanta): A Journey of Establishing World-Class Hospital Chain
What happens when a renowned Doctor and an entrepreneur come together for a business? We get state-of-the-art hospitals that focus on all the crucial issues that may remain unresolved in case of the handling of the hospital by management people without any on-ground experience and business knowledge. Global Health Ltd. is the company with the Medanta brand hospitals established by the renowned cardiac surgeon Naresh Trehan and entrepreneur Sunil Sachdeva.
August 2004: Global Health Ltd. was incorporated.
November 2022: It got listed on the Indian stock market.
Being a technologically advanced hospital, it provides online appointment booking, video call consultation, etc. Its eClinic Telemedicine option offers home care services, pharmacy services, health checkups and diagnostic reports.
It provides speciality treatment departments, such as cancer institute, radiation oncology, gastroenterology, heart institute, etc. It has 2467 beds installed in over 5 hospitals and 6 mediclinics. Its patients are not limited to India as it also caters to international patients through medical tourism.
Various indices have it as its constituent, such as the Nifty 500, Nifty Total Market, etc. The company has received several awards for its excellence in healthcare.
Now that we have a quick overview let’s dive into the captivating share price history of Global Health Ltd.
Medanta (Global Health) Recent Performance
Over the past 21 trading days, the value of Medanta (Global Health)'s stock has decreased by ₹1.94 (-0.18%). On 17 Oct 2024, its one share was worth ₹1074.84 and by 21 Nov 2024, the value dropped to ₹1072.90. During this period it created a highest high of ₹1115.69 and lowest low of ₹1010.04.
Below Image represents line chart of daily close price of Medanta (Global Health), helping you visualize how the price has changed day by day.
Medanta (Global Health) Share Price Chart From 2022 to 2024
Medanta (Global Health) Share Price History Table From 2022 to 2024
Year | Medanta (Global Health) | YOY Chg% | ↑High - ↓Low |
---|---|---|---|
2022 | ₹468.10 | - | ↑ ₹484 ↓ ₹430 |
2023 | ₹959.15 | 104.9% | ↑ ₹1028 ↓ ₹426 |
2024 | ₹1072.90 | 11.8% | ↑ ₹1089 ↓ ₹1056 |
Analyzing the Impact of Investing in Medanta (Global Health)
Medanta (Global Health) Shares price in the year 2022 was ₹468.10. If you had invested ₹10,000 in Medanta (Global Health) Shares in 2022, in 2 years, your investment would have grown to ₹22,920 by the end of 2024. This represents a positive return of 129.2% from 2022 to 2024, with a compound annual growth rate (CAGR) of 51.3%.
Also Read: ONGC Year Wise Share Price History From IPO to 2024
Medanta (Global Health) Share Returns In Last 5 Years
- Its highest share price in the last 5 years was: ₹1,089.8 and lowest was: ₹426.15
- Medanta (Global Health) Shares price in 2022 was ₹468.1
- By 2024, its share price rose to ₹1,072.9
- It gave a positive return of over 129% with a CAGR of 51.3% over the last 5 years
- If you had invested ₹10,000 in Medanta (Global Health) in 2022 then in 5 years, your investment would have grown to ₹22,920 by 2024, which is 2.29 times of your initial investment.
Medanta (Global Health) Share VS FD (Normal) VS FD (Compounding)
You might wonder which option is better: shares, fixed deposits (FDs) or compounding FDs. Let’s compare them and see how they differ.
- Shares: Units of ownership in a company can benefit from its profits or losses.
- FDs: Deposits you make with a bank or a financial institution for a fixed time and at a fixed interest rate.
- Compounding FDs: Similar to FDs but with one difference: the interest is reinvested into the principal amount instead of being paid out.
If you invested ₹10,000 rupees each in these 3 options in :
Year | Medanta (Global Health) Investment | FD Normal Investment | FD Compond Investment |
---|---|---|---|
2022 | ₹10,000 | ₹10,000 | ₹10,000 |
Then today, your investment would have become this much in each option: | |||
2024 | ₹22,907.82 | ₹11,200 | ₹11,236 |
[Click/Touch on line to show data]
For more insights into Medanta (Global Health), explore these additional resources:-
Reference:
- Global Health Ltd. Global Health (Medanta) – About company
- Wikipedia Global Health Ltd. (Medanta) – Wiki
- Global Health Ltd. Annual report 2021-22