Why did this healthcare stock crash by 9% today? Check the reason

Synopsis:
A major hospital chain saw its stock tumble sharply after a series of large block deals triggered concerns over promoter stake sales, sending investor sentiment lower and pushing the stock to a multi-month low.

A healthcare stock fell sharply after heavy selling pressure hit the counters, driven by multiple block deals. The sudden movement intensified concerns around promoter-level stake reduction and weighed on market sentiment through the day.

Yatharth Hospital & Trauma Care Services Ltd, with a market cap of Rs. 6,832.01 crore, opened at Rs. 768 and slipped to an intraday low of Rs. 697 against the previous close of Rs. 770.85. This marks a steep decline of 9.56 percent, pushing the stock to its lowest level in nearly three months.

What’s the News?

Yatharth Hospital shares dropped sharply after several block deals hit the exchanges. According to sources, promoters of the company are likely to have sold part of their stake. Around 4.4 lakh shares, representing nearly 0.5 percent of the company’s equity, changed hands at Rs. 719.6 per share, amounting to a total transaction value of Rs. 32 crore. The sizable offloading triggered immediate selling pressure, dragging the stock significantly lower.

Financial Snapshot – Q2FY26

Quarter-on-Quarter: Sales increased from Rs. 258 crore to Rs. 279 crore, up 8.1 percent. Operating profit improved from Rs. 64 crore to Rs. 65 crore, rising 1.5 percent. Profit before tax declined from Rs. 59 crore to Rs. 55 crore, down 6.8 percent. Net profit decreased from Rs. 42 crore to Rs. 41 crore, lower by 2.4 percent.

Year-on-Year: Sales rose from Rs. 218 crore to Rs. 279 crore, a growth of 28.0 percent. Operating profit increased from Rs. 55 crore to Rs. 65 crore, up 18.2 percent. Profit before tax climbed from Rs. 40 crore to Rs. 55 crore, higher by 37.5 percent. Net profit surged from Rs. 31 crore to Rs. 41 crore, rising 32.3 percent.

About the Company

Yatharth Hospital & Trauma Care Services Limited is one of North India’s prominent healthcare networks, delivering advanced medical care through its expanding chain of super speciality hospitals. With facilities across Noida, Greater Noida, Noida Extension, Greater Faridabad, Model Town, Faridabad (Delhi NCR), and Jhansi-Orchha in Madhya Pradesh, the group recently added its eighth hospital in Agra. Yatharth now operates more than 2,550 beds across its network.

Written by Manan Gangwar

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