Kovai Medical Center Hits All-Time High Amid Strong Annual Growth of 90.83%

Kovai Medical Center & Hospital has recently achieved an all-time high price, reflecting its strong position in the Hospital and Healthcare Services industry. As of December 26, 2024, the stock is just 0.05% shy of its 52-week high of Rs 5998, showcasing its robust performance in the market.
Over the past three days, the stock has demonstrated a positive trend, gaining 3.77% during this period. It has consistently opened and traded around Rs 5995, indicating stability in its price movements. Notably, Kovai Medical is performing well above its 5-day, 20-day, 50-day, 100-day, and 200-day moving averages, suggesting a strong upward momentum.

In terms of annual performance, Kovai Medical Center & Hospital has delivered an impressive return of 90.83% over the past year, significantly outpacing the Sensex, which recorded a return of 10.51%. This remarkable performance underscores the company's solid market position and operational effectiveness within the healthcare sector.