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Noida Medicare Centre Ltd (NMC)

Printed From: The Equity Desk
Category: Investment Ideas - Creating winning portfolios!
Forum Name: Stock Synopsis
Forum Discription: A bried discussion of companies on very specific matters. Normally this is the prelude for further research as always members would be discussing quality companies with good management only
URL: http://www.theequitydesk.com/forum/forum_posts.asp?TID=3029
Printed Date: 19/Apr/2025 at 7:32am


Topic: Noida Medicare Centre Ltd (NMC)
Posted By: jayakrishnan
Subject: Noida Medicare Centre Ltd (NMC)
Date Posted: 10/Oct/2010 at 9:56pm

The vision of Brig R. S. Chaudhri, VSM (Retd), Chairman of NMC Ltd., to bring modern health care facilities to our Country, has been actualized within the span of little over a decade, with the able support and perseverance of his son Dr. (Major) Naveen Chaudhri, MD.

 

Dr. Chaudhri in line with his vision setup the first multi-superspeciality Hospital in the fastest growing township of NCT region Delhi i.e. NOIDA. Noida Medicare Centre Ltd (NMC) - The first corporate hospital in NOIDA which began its journey on 27th April 1990 in the healthcare arena with a 68 beds has grown tremendously to a 120 beds hospital. Today, NMC is recognized for its commitment to compassionate care.

 

They have all along been supported by an efficient team of very eminent Doctors/Consultants of world renown, Senior Executives, dedicated & highly motivated technicians, paramedical and financial, legal and administrative staff to successfully accomplish, despite many challenges, all that had been conceptualized.

 

NMC group of hospitals is managed by Dr.(Major) Naveen Chaudhri, M.B.B.S., M.D. (Internal Medicine), who after serving the Indian Army and gaining considerable experience, conceived the idea of promoting most modern and highly specialised hospitals and diagnostic centres in India.

 

Over a period of time, NMC Group has grown considerably and setup the following centres in Northern India and is poised for further expansion: -

· Multi-superspecialty hospital at Noida

· Comprehensive Cardiac Centre at Noida

· Imaging & Diagnostic Centre at VIMHANS, New Delhi

· Leksell Gamma Knife Centre at VIMHANS, New Delhi

· Advanced Imaging &Teleradiology Services

· LDR a global popular single room concept of maternity

For the Team of NMC Ltd, the pursuit of excellence will continue to comprise their uncompromised commitment to provide prompt, correct, effective and responsive healthcare to all concerned with compassion and zeal.

NMC is proud to provide comprehensive healthcare in all aspects with a personal touch and humane approach, to add miles and smiles to the lives of all concerned




Replies:
Posted By: jayakrishnan
Date Posted: 14/Dec/2010 at 12:12pm
P/E = 7.15 P/BV = 1.17 and Consistent growth in Sales & Profit QoQ. CMP of 22.5. I believe this stock will double up in a year. This is ideal both growth & value based picking.


Posted By: NeerajMarathe
Date Posted: 14/Dec/2010 at 11:17am
Sir,
A lot of muck had been raised earlier about the kidney stealing and unethical practices at Noida Medicare.. http://www.indianexpress.com/ie/daily/19980513/13351304.html here is an old story.. just for ur info..

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Regards
Neeraj Marathe


Posted By: jayakrishnan
Date Posted: 15/Dec/2010 at 6:07pm
Originally posted by NeerajMarathe

Sir,
A lot of muck had been raised earlier about the kidney stealing and unethical practices at Noida Medicare.. http://www.indianexpress.com/ie/daily/19980513/13351304.html here is an old story.. just for ur info..
Thanks for the info...I have almost exited this counter earlier...and I am selling rest immediately...


Posted By: Market Maniac
Date Posted: 09/Feb/2011 at 1:29am
Best thing that can happen to this co. is to get acquired by Apollo or Fortis



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