A Oneindia Venture

Healthcare Stock Reaches 52-Wk-High On Foraying Into New Business Ventures; Scrip Rockets To Upper Circuit

Shares of Aayush Wellness Limited reached new heights on Friday, achieving a 52-week high after the company announced its venture into diagnostic testing and teleconsultations. The share price saw a surge to an upper circuit of 2%, reaching Rs 183.85, up from Rs 180.25. In the last year, shares of Aayush Wellness have been performing exceptionally well, with the share price increasing from Rs 16.80 to Rs 183.85 within the span of a year.

Healthcare Stock Reaches 52-Week High On Foraying Into New Business Ventures  Scrip Rockets To Upper Circuit

Apart from managing primary healthcare centers, the company now seeks to expand their services further by incorporating diagnostic testing and tele-consultations, which enhance accessibility to vital healthcare services. These new offerings are designed to add value through a mobile application and website that allows families and employed individuals to access essential medical services remotely.

At Aayush Wellness, better healthcare delivery is being implemented with the inclusion of lab tests, preventive health panels, and wellness screenings using a digital-first strategy. The home sample collection service eliminates visits to diagnostic centers for patients which makes testing convenient. Moreover, physicians can be met over video calls for initial advice or follow-up consultations, which allows remote access to healthcare services. In general, the company's website and mobile app provide test results and digital prescriptions, maintaining integration among all the healthcare services.

The Indian diagnostic market at present is valued at Rs 1.11 lakh crore with an annual growth rate of 14 percent. Experts estimate that home sample collection will have approximately 25-30 percent market share in the next few years. In response to rising demand for budget-friendly healthcare services, Aayush Wellness seeks to merge robust ground services with simplistic digital interfaces to seize a large portion of this market.

The company claims this expansion is not purely an avenue for business growth. It heralds a vision for empowering people to take control of their health and simplifies access to medical advice and preventive care. For seniors who require ongoing monitoring, professionals managing chronic conditions, or the chronically busy juggling multiple responsibilities routine healthcare checkups are seamlessly integrated into daily life.

"Our goal is to bring the simplicity and reliability to every household-where booking a test or consulting a doctor is as easy as ordering groceries online. We're entering this segment with a focus on affordability, trust, and convenience. This is more than a business expansion-it's a step towards reshaping everyday healthcare for millions," said Mr. Naveena Kumar, Managing Director of Aayush Wellness Limited.

Aayush Wellness Limited has been in operation since 1989 and has earned recognition as one of the pioneering names in India's health and wellness industry. The company has stayed committed to proactive health by providing quality products and services which help consumers make healthier lifestyle choices. With this new teleconsultation, diagnostic service line, Aayush dominates the competition by customizing innovative healthcare solutions designed to enhance consumer well-being throughout the country.

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