Kovai Medical Center & Hospital: The Board of Directors has approved the extension of period to transfer the permission in the name of the…
Kovai Medical Center & Hospital (KOVAI) filed a disclosure titled "The Board of Directors has approved the extension of period to transfer the permission in the name of the Company for conducting". The company is valued at about ₹6,707 crore.
What happened
Kovai Medical Center & Hospital (KOVAI) filed a disclosure with the exchanges on 11 November 2026 at 07:09 PM titled "The Board of Directors has approved the extension of period to transfer the permission in the name of the Company for conducting".
Company snapshot
Kovai Medical Center & Hospital is a small-cap company, with a market value of about ₹6,707 crore.
The stock last traded at ₹6,129, against a 52-week range of ₹2,576.7–₹6,444 (4.9% below the high).
Before this filing the shares had moved +2.2% over the month and −2.5% over three months. Average daily turnover over the last 20 sessions was about ₹2.46 crore.
Promoters held 56.52% at the end of Q1 FY27. Foreign institutions owned 1.25% and domestic institutions 4.25%.
| Quarter | Revenue | Net profit | EPS (₹) |
|---|---|---|---|
| Q1 FY26 | 374 | 57.2 | 52.3 |
| Q2 FY26 | 392 | 58.9 | 53.79 |
| Q3 FY26 | 407 | 65 | 59.42 |
| Q4 FY26 | 414 | 59.7 | 54.55 |
| Q1 FY27 | 431 | 69.1 | 63.14 |
What history shows
BCEIE has no earlier approval filing from this company on record since May 2026.
Market-wide, 1,614 approval filings with an impact score of 50 or more saw an average next-day move of +0.2%, with 48% rising.
Past reactions describe what happened before; they are not a forecast.
Source
Automatically written from the exchange filing and BCEIE data. Not investment advice. Check the original filing before acting on it.