{"id":255082,"date":"2026-09-18T10:07:23","date_gmt":"2026-09-18T04:37:23","guid":{"rendered":"https:\/\/univest.in\/blogs-2\/?p=255082"},"modified":"2026-09-18T10:07:23","modified_gmt":"2026-09-18T04:37:23","slug":"ncr-healthcare-stock-rises-38-percent-in-1-year","status":"publish","type":"post","link":"https:\/\/univest.in\/blogs-2\/ncr-healthcare-stock-rises-38-percent-in-1-year\/","title":{"rendered":"This NCR Healthcare Stock Rises 38% in 1 Year: Beds, Occupancy and the Apollo Tyres Link"},"content":{"rendered":"<p style=\"border-left:4px solid #1F4E79;background:#EBF3FB;padding:10px 16px;font-style:italic;\"><em>Artemis Medicare closed at Rs 331.90 on 17 September 2026, up approximately 38% in a year. Q1 FY27 net profit Rs 31.44 Cr, occupancy 65.7%, ARPOB Rs 85,690, market cap Rs 5,163 Cr.<\/em><\/p>\n<div style=\"background:#F0F9FF;border-left:4px solid #2E7D32;border-radius:6px;padding:14px 18px;margin:18px 0;\">\n<p style=\"margin:0;color:#1F4E79;font-size:14px;\"><strong>Quick Answer<\/strong><\/p>\n<p style=\"margin:8px 0 0;\">Artemis Medicare Services is the NCR healthcare stock behind a one-year gain of approximately 38%, from Rs 241.04 on 17 September 2025 to Rs 331.90 on 17 September 2026. Rising occupancy at its Gurugram flagship, a new 300-bed hospital in Raipur and a deal to run a 650-bed campus in south Delhi drove the move. Net profit rose 48.3% last quarter and debt to equity is down to 0.28. At a PE near 45, delivery on the bed pipeline is what matters now.<\/p>\n<\/div>\n<p>This NCR healthcare stock has risen approximately 38% in twelve months, closing at Rs 331.90 on 17 September 2026 against Rs 241.04 a year earlier. That ranks it among the stronger names on a screen of NSE small-cap stocks by 1-year return, dated 17 September.<\/p>\n<p>The company is <strong><a href='https:\/\/univest.in\/stocks\/artemismed\/artemis-medicare-services-ltd-share-price-today'>Artemis Medicare Services Ltd<\/a><\/strong> (NSE: ARTEMISMED), the Gurugram hospital operator promoted by the family behind Apollo Tyres. Almost all its revenue comes from one 541-bed campus, and this NCR healthcare stock has rallied on a plan to change that, targeting 2,000 operational beds by FY30.<\/p>\n<p style=\"margin-top:24px;\"><strong><a href='https:\/\/univest.in\/user\/log-in'>Click Here &#8211; Get Free Investment Predictions<\/a><\/strong><\/p>\n<div id=\"ez-toc-container\" class=\"ez-toc-v2_0_65 counter-hierarchy ez-toc-counter ez-toc-grey ez-toc-container-direction\">\n<div class=\"ez-toc-title-container\">\n<p class=\"ez-toc-title \" >Table of Contents<\/p>\n<span class=\"ez-toc-title-toggle\"><a href=\"#\" class=\"ez-toc-pull-right ez-toc-btn ez-toc-btn-xs ez-toc-btn-default ez-toc-toggle\" aria-label=\"Toggle Table of Content\"><span class=\"ez-toc-js-icon-con\"><span class=\"\"><span class=\"eztoc-hide\" style=\"display:none;\">Toggle<\/span><span class=\"ez-toc-icon-toggle-span\"><svg style=\"fill: #999;color:#999\" xmlns=\"http:\/\/www.w3.org\/2000\/svg\" class=\"list-377408\" width=\"20px\" height=\"20px\" viewBox=\"0 0 24 24\" fill=\"none\"><path d=\"M6 6H4v2h2V6zm14 0H8v2h12V6zM4 11h2v2H4v-2zm16 0H8v2h12v-2zM4 16h2v2H4v-2zm16 0H8v2h12v-2z\" fill=\"currentColor\"><\/path><\/svg><svg style=\"fill: #999;color:#999\" class=\"arrow-unsorted-368013\" xmlns=\"http:\/\/www.w3.org\/2000\/svg\" width=\"10px\" height=\"10px\" viewBox=\"0 0 24 24\" version=\"1.2\" baseProfile=\"tiny\"><path d=\"M18.2 9.3l-6.2-6.3-6.2 6.3c-.2.2-.3.4-.3.7s.1.5.3.7c.2.2.4.3.7.3h11c.3 0 .5-.1.7-.3.2-.2.3-.5.3-.7s-.1-.5-.3-.7zM5.8 14.7l6.2 6.3 6.2-6.3c.2-.2.3-.5.3-.7s-.1-.5-.3-.7c-.2-.2-.4-.3-.7-.3h-11c-.3 0-.5.1-.7.3-.2.2-.3.5-.3.7s.1.5.3.7z\"\/><\/svg><\/span><\/span><\/span><\/a><\/span><\/div>\n<nav><ul class='ez-toc-list ez-toc-list-level-1 ' ><li class='ez-toc-page-1 ez-toc-heading-level-2'><a class=\"ez-toc-link ez-toc-heading-1\" href=\"https:\/\/univest.in\/blogs-2\/ncr-healthcare-stock-rises-38-percent-in-1-year\/#How_Much_Has_This_NCR_Healthcare_Stock_Returned_in_One_Year\" title=\"How Much Has This NCR Healthcare Stock Returned in One Year?\">How Much Has This NCR Healthcare Stock Returned in One Year?<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-2'><a class=\"ez-toc-link ez-toc-heading-2\" href=\"https:\/\/univest.in\/blogs-2\/ncr-healthcare-stock-rises-38-percent-in-1-year\/#Why_This_NCR_Healthcare_Stock_Rose_38_in_a_Year\" title=\"Why This NCR Healthcare Stock Rose 38% in a Year\">Why This NCR Healthcare Stock Rose 38% in a Year<\/a><ul class='ez-toc-list-level-3' ><li class='ez-toc-heading-level-3'><a class=\"ez-toc-link ez-toc-heading-3\" href=\"https:\/\/univest.in\/blogs-2\/ncr-healthcare-stock-rises-38-percent-in-1-year\/#Q2_FY26_Results_on_11_November_2025_Started_the_Re-Rating\" title=\"Q2 FY26 Results on 11 November 2025 Started the Re-Rating\">Q2 FY26 Results on 11 November 2025 Started the Re-Rating<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-3'><a class=\"ez-toc-link ez-toc-heading-4\" href=\"https:\/\/univest.in\/blogs-2\/ncr-healthcare-stock-rises-38-percent-in-1-year\/#The_VIMHANS_Agreement_on_20_February_2026_Added_650_Beds_in_South_Delhi\" title=\"The VIMHANS Agreement on 20 February 2026 Added 650 Beds in South Delhi\">The VIMHANS Agreement on 20 February 2026 Added 650 Beds in South Delhi<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-3'><a class=\"ez-toc-link ez-toc-heading-5\" href=\"https:\/\/univest.in\/blogs-2\/ncr-healthcare-stock-rises-38-percent-in-1-year\/#A_Rs_700_Crore_Fund_Raise_Was_Approved_for_the_Pipeline\" title=\"A Rs 700 Crore Fund Raise Was Approved for the Pipeline\">A Rs 700 Crore Fund Raise Was Approved for the Pipeline<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-3'><a class=\"ez-toc-link ez-toc-heading-6\" href=\"https:\/\/univest.in\/blogs-2\/ncr-healthcare-stock-rises-38-percent-in-1-year\/#Raipur_Opened_in_July_2026_and_Q1_FY27_Beat_on_Margins\" title=\"Raipur Opened in July 2026 and Q1 FY27 Beat on Margins\">Raipur Opened in July 2026 and Q1 FY27 Beat on Margins<\/a><\/li><\/ul><\/li><li class='ez-toc-page-1 ez-toc-heading-level-2'><a class=\"ez-toc-link ez-toc-heading-7\" href=\"https:\/\/univest.in\/blogs-2\/ncr-healthcare-stock-rises-38-percent-in-1-year\/#Artemis_Medicare_Share_Price_and_the_Financials_Behind_It\" title=\"Artemis Medicare Share Price and the Financials Behind It\">Artemis Medicare Share Price and the Financials Behind It<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-2'><a class=\"ez-toc-link ez-toc-heading-8\" href=\"https:\/\/univest.in\/blogs-2\/ncr-healthcare-stock-rises-38-percent-in-1-year\/#Beds_Occupancy_and_ARPOB_Three_Numbers_That_Drive_This_NCR_Healthcare_Stock\" title=\"Beds, Occupancy and ARPOB: Three Numbers That Drive This NCR Healthcare Stock\">Beds, Occupancy and ARPOB: Three Numbers That Drive This NCR Healthcare Stock<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-2'><a class=\"ez-toc-link ez-toc-heading-9\" href=\"https:\/\/univest.in\/blogs-2\/ncr-healthcare-stock-rises-38-percent-in-1-year\/#The_Apollo_Tyres_Promoter_Link_Behind_This_NCR_Healthcare_Stock\" title=\"The Apollo Tyres Promoter Link Behind This NCR Healthcare Stock\">The Apollo Tyres Promoter Link Behind This NCR Healthcare Stock<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-2'><a class=\"ez-toc-link ez-toc-heading-10\" href=\"https:\/\/univest.in\/blogs-2\/ncr-healthcare-stock-rises-38-percent-in-1-year\/#Risks_in_This_NCR_Healthcare_Stock\" title=\"Risks in This NCR Healthcare Stock\">Risks in This NCR Healthcare Stock<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-2'><a class=\"ez-toc-link ez-toc-heading-11\" href=\"https:\/\/univest.in\/blogs-2\/ncr-healthcare-stock-rises-38-percent-in-1-year\/#Artemis_Medicare_Share_Analyst_View\" title=\"Artemis Medicare Share: Analyst View\">Artemis Medicare Share: Analyst View<\/a><ul class='ez-toc-list-level-3' ><li class='ez-toc-heading-level-3'><a class=\"ez-toc-link ez-toc-heading-12\" href=\"https:\/\/univest.in\/blogs-2\/ncr-healthcare-stock-rises-38-percent-in-1-year\/#Artemis_Medicare_Share_Price_Target\" title=\"Artemis Medicare Share Price Target\">Artemis Medicare Share Price Target<\/a><\/li><\/ul><\/li><li class='ez-toc-page-1 ez-toc-heading-level-2'><a class=\"ez-toc-link ez-toc-heading-13\" href=\"https:\/\/univest.in\/blogs-2\/ncr-healthcare-stock-rises-38-percent-in-1-year\/#Other_Stocks_to_Track_From_the_Same_Return_Screen\" title=\"Other Stocks to Track From the Same Return Screen\">Other Stocks to Track From the Same Return Screen<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-2'><a class=\"ez-toc-link ez-toc-heading-14\" href=\"https:\/\/univest.in\/blogs-2\/ncr-healthcare-stock-rises-38-percent-in-1-year\/#Conclusion\" title=\"Conclusion\">Conclusion<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-2'><a class=\"ez-toc-link ez-toc-heading-15\" href=\"https:\/\/univest.in\/blogs-2\/ncr-healthcare-stock-rises-38-percent-in-1-year\/#Frequently_Asked_Questions\" title=\"Frequently Asked Questions\">Frequently Asked Questions<\/a><ul class='ez-toc-list-level-3' ><li class='ez-toc-heading-level-3'><a class=\"ez-toc-link ez-toc-heading-16\" href=\"https:\/\/univest.in\/blogs-2\/ncr-healthcare-stock-rises-38-percent-in-1-year\/#Which_NCR_healthcare_stock_rose_38_in_one_year\" title=\"Which NCR healthcare stock rose 38% in one year?\">Which NCR healthcare stock rose 38% in one year?<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-3'><a class=\"ez-toc-link ez-toc-heading-17\" href=\"https:\/\/univest.in\/blogs-2\/ncr-healthcare-stock-rises-38-percent-in-1-year\/#Why_did_the_Artemis_Medicare_share_price_rise_in_2026\" title=\"Why did the Artemis Medicare share price rise in 2026?\">Why did the Artemis Medicare share price rise in 2026?<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-3'><a class=\"ez-toc-link ez-toc-heading-18\" href=\"https:\/\/univest.in\/blogs-2\/ncr-healthcare-stock-rises-38-percent-in-1-year\/#What_were_the_Artemis_Medicare_Q1_FY27_results\" title=\"What were the Artemis Medicare Q1 FY27 results?\">What were the Artemis Medicare Q1 FY27 results?<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-3'><a class=\"ez-toc-link ez-toc-heading-19\" href=\"https:\/\/univest.in\/blogs-2\/ncr-healthcare-stock-rises-38-percent-in-1-year\/#What_is_the_Artemis_Medicare_share_price_target\" title=\"What is the Artemis Medicare share price target?\">What is the Artemis Medicare share price target?<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-3'><a class=\"ez-toc-link ez-toc-heading-20\" href=\"https:\/\/univest.in\/blogs-2\/ncr-healthcare-stock-rises-38-percent-in-1-year\/#How_is_this_NCR_healthcare_stock_connected_to_Apollo_Tyres\" title=\"How is this NCR healthcare stock connected to Apollo Tyres?\">How is this NCR healthcare stock connected to Apollo Tyres?<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-3'><a class=\"ez-toc-link ez-toc-heading-21\" href=\"https:\/\/univest.in\/blogs-2\/ncr-healthcare-stock-rises-38-percent-in-1-year\/#How_many_beds_does_Artemis_Medicare_operate_and_plan_to_add\" title=\"How many beds does Artemis Medicare operate and plan to add?\">How many beds does Artemis Medicare operate and plan to add?<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-3'><a class=\"ez-toc-link ez-toc-heading-22\" href=\"https:\/\/univest.in\/blogs-2\/ncr-healthcare-stock-rises-38-percent-in-1-year\/#What_is_the_52-week_high_and_low_of_this_NCR_healthcare_stock\" title=\"What is the 52-week high and low of this NCR healthcare stock?\">What is the 52-week high and low of this NCR healthcare stock?<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-3'><a class=\"ez-toc-link ez-toc-heading-23\" href=\"https:\/\/univest.in\/blogs-2\/ncr-healthcare-stock-rises-38-percent-in-1-year\/#Is_this_NCR_healthcare_stock_worth_buying_after_a_38_rally\" title=\"Is this NCR healthcare stock worth buying after a 38% rally?\">Is this NCR healthcare stock worth buying after a 38% rally?<\/a><\/li><\/ul><\/li><\/ul><\/nav><\/div>\n<h2><span class=\"ez-toc-section\" id=\"How_Much_Has_This_NCR_Healthcare_Stock_Returned_in_One_Year\"><\/span><strong>How Much Has This NCR Healthcare Stock Returned in One Year?<\/strong><span class=\"ez-toc-section-end\"><\/span><\/h2>\n<p>This NCR healthcare stock returned approximately 37.7% from 17 September 2025 to 17 September 2026 on a close-to-close basis, from Rs 241.04 to Rs 331.90. It fell to Rs 203.35 on 30 March 2026 and hit a record Rs 362.00 on 10 September 2026.<\/p>\n<p>Longer periods look bigger for this NCR healthcare stock. All figures use closing prices, nearest trading day where a date was a holiday.<\/p>\n<table>\n<thead>\n<tr>\n<th>Period<\/th>\n<th>Start date<\/th>\n<th>Start close<\/th>\n<th>Price return<\/th>\n<\/tr>\n<\/thead>\n<tbody>\n<tr>\n<td>1 Month<\/td>\n<td>17 Aug 2026<\/td>\n<td>Rs 314.40<\/td>\n<td>5.6%<\/td>\n<\/tr>\n<tr>\n<td>6 Months<\/td>\n<td>17 Mar 2026<\/td>\n<td>Rs 222.40<\/td>\n<td>49.2%<\/td>\n<\/tr>\n<tr>\n<td>1 Year<\/td>\n<td>17 Sep 2025<\/td>\n<td>Rs 241.04<\/td>\n<td>37.7%<\/td>\n<\/tr>\n<tr>\n<td>3 Years<\/td>\n<td>15 Sep 2023<\/td>\n<td>Rs 135.15<\/td>\n<td>145.6%<\/td>\n<\/tr>\n<tr>\n<td>5 Years<\/td>\n<td>17 Sep 2021<\/td>\n<td>Rs 37.98<\/td>\n<td>774.0%<\/td>\n<\/tr>\n<\/tbody>\n<\/table>\n<p>This NCR healthcare stock lost about 16% between mid-January and end-March 2026, and nearly the whole annual gain arrived after April. A six-month return larger than the one-year figure says the re-rating is recent.<\/p>\n<h2><span class=\"ez-toc-section\" id=\"Why_This_NCR_Healthcare_Stock_Rose_38_in_a_Year\"><\/span><strong>Why This NCR Healthcare Stock Rose 38% in a Year<\/strong><span class=\"ez-toc-section-end\"><\/span><\/h2>\n<h3><span class=\"ez-toc-section\" id=\"Q2_FY26_Results_on_11_November_2025_Started_the_Re-Rating\"><\/span><strong>Q2 FY26 Results on 11 November 2025 Started the Re-Rating<\/strong><span class=\"ez-toc-section-end\"><\/span><\/h3>\n<p>On 11 November 2025 September-quarter revenue came in at Rs 274.70 crore, up 13.8%, EBITDA at Rs 58.27 crore on a 21.2% margin and net profit up 35.6% to Rs 30.00 crore. Occupancy was 64.1%, revenue per occupied bed Rs 81,248. The NCR healthcare stock rose 6.8% next session on ten times normal volume and never traded back at pre-result levels.<\/p>\n<h3><span class=\"ez-toc-section\" id=\"The_VIMHANS_Agreement_on_20_February_2026_Added_650_Beds_in_South_Delhi\"><\/span><strong>The VIMHANS Agreement on 20 February 2026 Added 650 Beds in South Delhi<\/strong><span class=\"ez-toc-section-end\"><\/span><\/h3>\n<p>On 20 February 2026 the company won long-term exclusive rights to operate the VIMHANS campus at Nehru Nagar in south Delhi, a 3.5-acre site with roughly 7 lakh square feet of built-up area and capacity above 650 beds. Under the medical services agreement the land stays with the trust while the company funds construction through an interest-free advance. Planned spend is Rs 500 crore to Rs 520 crore in two phases, roughly Rs 75 lakh to Rs 80 lakh per bed, the biggest change in the history of this NCR healthcare stock.<\/p>\n<h3><span class=\"ez-toc-section\" id=\"A_Rs_700_Crore_Fund_Raise_Was_Approved_for_the_Pipeline\"><\/span><strong>A Rs 700 Crore Fund Raise Was Approved for the Pipeline<\/strong><span class=\"ez-toc-section-end\"><\/span><\/h3>\n<p>On 3 March 2026 the board took up a Rs 700 crore qualified institutional placement, cleared by shareholders in July on 98.68% approval. The three-year capital plan is around Rs 800 crore: Rs 120 crore for Raipur, Rs 350 crore to Rs 360 crore for phase one in south Delhi and Rs 120 crore for the Gurugram tower. Net debt is guided near Rs 250 crore to Rs 280 crore, which kept the NCR healthcare stock bid through March.<\/p>\n<h3><span class=\"ez-toc-section\" id=\"Raipur_Opened_in_July_2026_and_Q1_FY27_Beat_on_Margins\"><\/span><strong>Raipur Opened in July 2026 and Q1 FY27 Beat on Margins<\/strong><span class=\"ez-toc-section-end\"><\/span><\/h3>\n<p>The 300-bed Artemis Shanti Hospital in Raipur opened on 9 July 2026, the first material asset outside Delhi-NCR. June-quarter results on 3 August 2026 showed revenue of Rs 287.32 crore, up 12.7%, EBITDA up 27.9% to Rs 61.82 crore and net profit up 48.3% to Rs 31.44 crore. The NCR healthcare stock gained 6.8% on 5 August and another 10% by early September.<\/p>\n<h2><span class=\"ez-toc-section\" id=\"Artemis_Medicare_Share_Price_and_the_Financials_Behind_It\"><\/span><strong>Artemis Medicare Share Price and the Financials Behind It<\/strong><span class=\"ez-toc-section-end\"><\/span><\/h2>\n<p>The record behind the Artemis Medicare share price is far better than three years ago. Revenue compounded from Rs 558.70 crore in FY22 to Rs 1,111.07 crore in FY26 and net profit from Rs 31.40 crore to Rs 103.72 crore, with operating margin widening from 12.86% to 19.88%. That is the earnings base under this NCR healthcare stock.<\/p>\n<p>Quarterly trends matter more for a NCR healthcare stock in expansion mode, because margins track occupancy quarter to quarter.<\/p>\n<table>\n<thead>\n<tr>\n<th>Quarter<\/th>\n<th>Revenue (Rs Cr)<\/th>\n<th>EBITDA (Rs Cr)<\/th>\n<th>Net profit (Rs Cr)<\/th>\n<th>Operating margin<\/th>\n<th>Net margin<\/th>\n<\/tr>\n<\/thead>\n<tbody>\n<tr>\n<td>Jun 2025<\/td>\n<td>261.89<\/td>\n<td>48.33<\/td>\n<td>21.20<\/td>\n<td>18.95%<\/td>\n<td>8.35%<\/td>\n<\/tr>\n<tr>\n<td>Sep 2025<\/td>\n<td>282.35<\/td>\n<td>58.27<\/td>\n<td>30.00<\/td>\n<td>21.21%<\/td>\n<td>10.91%<\/td>\n<\/tr>\n<tr>\n<td>Dec 2025<\/td>\n<td>279.81<\/td>\n<td>52.03<\/td>\n<td>22.23<\/td>\n<td>17.97%<\/td>\n<td>9.05%<\/td>\n<\/tr>\n<tr>\n<td>Mar 2026<\/td>\n<td>287.02<\/td>\n<td>59.39<\/td>\n<td>30.28<\/td>\n<td>21.27%<\/td>\n<td>10.75%<\/td>\n<\/tr>\n<tr>\n<td>Jun 2026<\/td>\n<td>292.69<\/td>\n<td>61.82<\/td>\n<td>31.44<\/td>\n<td>21.52%<\/td>\n<td>10.90%<\/td>\n<\/tr>\n<\/tbody>\n<\/table>\n<p>December 2025 was the soft quarter, margin dipping to 17.97%. It has since climbed twice to 21.52%, the best in the set. Trailing earnings per share for this NCR healthcare stock is Rs 7.20 against book value of Rs 54.69.<\/p>\n<p>Debt to equity has fallen from 0.85 in FY24 to 0.28, helped by equity from a development institution. FY26 operating cash flow of Rs 131.95 crore against capital expenditure of Rs 104.95 crore covers maintenance but not the pipeline. That gap is what the placement is for, and why this NCR healthcare stock reacts to fund-raise news.<\/p>\n<p style=\"margin-top:24px;\"><strong><a href='https:\/\/univest.in\/screeners'>Check the Univest Screener for Live Fundamentals of High-Return Stocks<\/a><\/strong><\/p>\n<h2><span class=\"ez-toc-section\" id=\"Beds_Occupancy_and_ARPOB_Three_Numbers_That_Drive_This_NCR_Healthcare_Stock\"><\/span><strong>Beds, Occupancy and ARPOB: Three Numbers That Drive This NCR Healthcare Stock<\/strong><span class=\"ez-toc-section-end\"><\/span><\/h2>\n<p>Hospital equities move on bed count, how full they are and what each occupied bed earns per day. This NCR healthcare stock ran more than 800 beds in late 2025, anchored by the 541-bed Gurugram campus plus Artemis Lite and Daffodils units. Raipur adds 300 and south Delhi more than 650. A new Gurugram tower is planned at 130 to 150 beds for Rs 120 crore, with breakeven guided within 8 to 10 months because it sits on land the group controls.<\/p>\n<p>Occupancy of 65.7% against 61.2% a year earlier is progress but short of mature Indian chains. Each point gained on an existing asset drops almost entirely into EBITDA, which is how this NCR healthcare stock expanded margin 250 basis points without a large revenue jump.<\/p>\n<p>ARPOB of Rs 85,690 against Rs 79,752 is a 7.4% rise, driven by a richer mix of cardiology, oncology, neurosciences and orthopaedics rather than price increases. International patients gave Rs 76.51 crore last quarter, 27.5% of hospital revenue, down from 32%.<\/p>\n<h2><span class=\"ez-toc-section\" id=\"The_Apollo_Tyres_Promoter_Link_Behind_This_NCR_Healthcare_Stock\"><\/span><strong>The Apollo Tyres Promoter Link Behind This NCR Healthcare Stock<\/strong><span class=\"ez-toc-section-end\"><\/span><\/h2>\n<p>This NCR healthcare stock shares its promoter family with Apollo Tyres. Onkar Kanwar, chairman of Apollo Tyres, chairs it too, and Neeraj Kanwar plus Apollo Tyres Ltd sit inside the promoter group. Constructive Finance Private Limited holds 58.38% and managing director Dr Devlina Chakravarty 2.92%.<\/p>\n<p>That link cuts both ways. It supplied patient capital through a long build-out, but minority holders of the NCR healthcare stock depend on one family allocating across two unrelated businesses.<\/p>\n<p>Shareholding in the NCR healthcare stock also shifted sharply during the period under review.<\/p>\n<table>\n<thead>\n<tr>\n<th>Quarter<\/th>\n<th>Promoters<\/th>\n<th>FII<\/th>\n<th>DII<\/th>\n<th>Public<\/th>\n<\/tr>\n<\/thead>\n<tbody>\n<tr>\n<td>Sep 2025<\/td>\n<td>66.53%<\/td>\n<td>0.37%<\/td>\n<td>4.27%<\/td>\n<td>28.83%<\/td>\n<\/tr>\n<tr>\n<td>Nov 2025<\/td>\n<td>58.43%<\/td>\n<td>12.48%<\/td>\n<td>3.35%<\/td>\n<td>25.75%<\/td>\n<\/tr>\n<tr>\n<td>Dec 2025<\/td>\n<td>58.39%<\/td>\n<td>12.47%<\/td>\n<td>2.91%<\/td>\n<td>26.24%<\/td>\n<\/tr>\n<tr>\n<td>Mar 2026<\/td>\n<td>58.39%<\/td>\n<td>12.19%<\/td>\n<td>2.89%<\/td>\n<td>26.53%<\/td>\n<\/tr>\n<tr>\n<td>Jun 2026<\/td>\n<td>58.39%<\/td>\n<td>12.29%<\/td>\n<td>2.40%<\/td>\n<td>26.92%<\/td>\n<\/tr>\n<\/tbody>\n<\/table>\n<p>Foreign holding jumped from 0.37% to 12.48% between September and November 2025, with a World Bank Group development institution at 11.98% after a Rs 330 crore investment. Promoter holding eased to 58.39% while domestic institutions trimmed from 4.27% to 2.40%, so this NCR healthcare stock is not seeing broad institutional accumulation.<\/p>\n<h2><span class=\"ez-toc-section\" id=\"Risks_in_This_NCR_Healthcare_Stock\"><\/span><strong>Risks in This NCR Healthcare Stock<\/strong><span class=\"ez-toc-section-end\"><\/span><\/h2>\n<p>The risks in this NCR healthcare stock are specific, and several are live now.<\/p>\n<p><strong>Single-asset concentration.<\/strong> Gurugram delivered Rs 278.49 crore of the Rs 287.32 crore consolidated June-quarter revenue. Any disruption there hits nearly the whole business. Until Raipur and south Delhi scale, this NCR healthcare stock is a one-hospital company on a network valuation.<\/p>\n<p><strong>Execution and start-up losses.<\/strong> Management has guided to roughly Rs 20 crore of operating losses at Raipur before breakeven in 15 to 18 months. South Delhi sits on land the company does not own, so delays, overruns or a dispute would be costly for the NCR healthcare stock.<\/p>\n<p><strong>Dilution and valuation.<\/strong> A Rs 700 crore placement against market capitalisation near Rs 5,163 crore is real dilution. This NCR healthcare stock trades at a trailing PE of 45.30 on return on equity of 11.09%, so investors are paying for beds that do not yet exist.<\/p>\n<p><strong>Liquidity and volatility.<\/strong> A Rs 5,163 crore market capitalisation and no listed derivatives make exits slow in a fall. This NCR healthcare stock ranged from Rs 203.35 to Rs 362.00 inside twelve months and fell roughly 9% across 15 and 16 September 2026 before recovering 2%. Volumes swing from under one lakh shares to over twenty lakh around events.<\/p>\n<p><strong>Pledge history and patient mix.<\/strong> Promoter shares were substantially pledged until the June 2025 quarter, when the pledge was released in full, so check this disclosure each quarter rather than assume zero. Over a quarter of hospital revenue comes from international patients, exposing the NCR healthcare stock to visa policy, currency and geopolitics.<\/p>\n<p style=\"margin-top:24px;\"><strong>Download the <a href=\"https:\/\/apps.apple.com\/in\/app\/univest-stocks-investment\/id6443753518\" rel=\"nofollow noopener\" target=\"_blank\">Univest iOS App<\/a> or <a href=\"https:\/\/play.google.com\/store\/apps\/details?id=com.univest.capp&amp;hl=en_IN\" rel=\"nofollow noopener\" target=\"_blank\">Univest Android App<\/a> to track the Artemis Medicare share price live<\/strong><\/p>\n<h2><span class=\"ez-toc-section\" id=\"Artemis_Medicare_Share_Analyst_View\"><\/span><strong>Artemis Medicare Share: Analyst View<\/strong><span class=\"ez-toc-section-end\"><\/span><\/h2>\n<p>Coverage of this NCR healthcare stock is thin. One domestic brokerage published a note on 4 August 2026 with an ADD rating, assuming compounded revenue growth of 29.4% and profit growth of 33.3% over FY26 to FY29.<\/p>\n<h3><span class=\"ez-toc-section\" id=\"Artemis_Medicare_Share_Price_Target\"><\/span><strong>Artemis Medicare Share Price Target<\/strong><span class=\"ez-toc-section-end\"><\/span><\/h3>\n<p>The only verified Artemis Medicare share price target on record is Rs 325, set by that brokerage on 4 August 2026 when the share traded near Rs 300. At Rs 331.90 it has passed that level. No higher Artemis Medicare share price target has appeared since, and one note is a weak signal, not a consensus.<\/p>\n<p>Without a fresh target, the reference points are price levels and earnings. The 52-week high of Rs 362.00 sits 9% above the current price, the low of Rs 203.35 about 39% below. A PE of 45.30 against a sector average near 67.00 looks undemanding, but that average is lifted by far larger chains.<\/p>\n<p>The honest reading is that this NCR healthcare stock already embeds delivery of the full bed pipeline. If occupancy climbs toward 70% and Raipur breaks even on time, multiples compress fast. If either slips, there is little support beneath the Artemis Medicare share price.<\/p>\n<h2><span class=\"ez-toc-section\" id=\"Other_Stocks_to_Track_From_the_Same_Return_Screen\"><\/span><strong>Other Stocks to Track From the Same Return Screen<\/strong><span class=\"ez-toc-section-end\"><\/span><\/h2>\n<p>Beyond this NCR healthcare stock, a screen of NSE small-cap stocks ranked by 1-year return also includes related names such as <a href=\"https:\/\/univest.in\/stocks\/sbcl\/shivalik-bimetal-controls-ltd-share-price-today\">Shivalik Bimetal<\/a> with a 1-year return of 99.14%, <a href=\"https:\/\/univest.in\/stocks\/rrkabel\/rr-kabel-ltd-share-price-today\">RR Kabel<\/a> at 93.99% and <a href=\"https:\/\/univest.in\/stocks\/chennpetro\/chennai-petroleum-corporation-ltd-share-price-today\">Chennai Petroleum<\/a> at 91.97%.<\/p>\n<p>Among the names covered from that screen, <a href=\"https:\/\/univest.in\/stocks\/mtartech\/mtar-technologies-ltd-share-price-today\">MTAR Technologies<\/a> returned 396.53% over one year. Readers can compare this NCR healthcare stock with the <a href=\"https:\/\/univest.in\/indices\/nifty-50\/nifty-50-share-price-today\">Nifty 50<\/a> benchmark and track each of these names on Univest before making any decision.<\/p>\n<h2><span class=\"ez-toc-section\" id=\"Conclusion\"><\/span><strong>Conclusion<\/strong><span class=\"ez-toc-section-end\"><\/span><\/h2>\n<p>A 38% gain on this NCR healthcare stock is a re-rating earned by operating progress: occupancy up 450 basis points, ARPOB up 7.4%, margin at a five-quarter high and profit up 48.3% last quarter. It is also a bet placed early on projects that contribute little before FY28.<\/p>\n<p>The checklist is short: quarterly occupancy at Gurugram, the ramp at Raipur, terms of the Rs 700 crore placement, and whether south Delhi holds its Rs 520 crore budget. This NCR healthcare stock has priced in a good outcome on all four, so size positions accordingly and consult a SEBI-registered adviser.<\/p>\n<div style=\"background:#CC0000;border-radius:8px;padding:16px 20px;margin:24px 0;\">\n<p style=\"color:#FFFFFF;font-size:13px;line-height:1.7;margin:0;\"><strong style=\"color:#FFFFFF;\">Disclaimer:<\/strong> Data and figures in this article are sourced from publicly available information and may or may not be accurate. Please verify all data independently before making any investment decision. Past returns do not guarantee future returns. Investments in securities are subject to market risk. This content is for educational purposes only and is not investment advice by Univest (SEBI RA INH000013776).<\/p>\n<\/div>\n<h2><span class=\"ez-toc-section\" id=\"Frequently_Asked_Questions\"><\/span><strong>Frequently Asked Questions<\/strong><span class=\"ez-toc-section-end\"><\/span><\/h2>\n<h3><span class=\"ez-toc-section\" id=\"Which_NCR_healthcare_stock_rose_38_in_one_year\"><\/span><strong>Which NCR healthcare stock rose 38% in one year?<\/strong><span class=\"ez-toc-section-end\"><\/span><\/h3>\n<p><strong>Ans.<\/strong> Artemis Medicare Services Ltd (NSE: ARTEMISMED) is the NCR healthcare stock that gained approximately 37.7% between 17 September 2025 and 17 September 2026, from Rs 241.04 to Rs 331.90. It runs a 541-bed tertiary hospital in Gurugram and a 300-bed hospital in Raipur.<\/p>\n<h3><span class=\"ez-toc-section\" id=\"Why_did_the_Artemis_Medicare_share_price_rise_in_2026\"><\/span><strong>Why did the Artemis Medicare share price rise in 2026?<\/strong><span class=\"ez-toc-section-end\"><\/span><\/h3>\n<p><strong>Ans.<\/strong> Operating gains plus a visible expansion pipeline drove it. Occupancy rose to 65.7% from 61.2% and ARPOB to Rs 85,690 from Rs 79,752, while the company took on a 650-bed south Delhi campus and approved a Rs 700 crore fund raise.<\/p>\n<h3><span class=\"ez-toc-section\" id=\"What_were_the_Artemis_Medicare_Q1_FY27_results\"><\/span><strong>What were the Artemis Medicare Q1 FY27 results?<\/strong><span class=\"ez-toc-section-end\"><\/span><\/h3>\n<p><strong>Ans.<\/strong> Revenue from operations was Rs 287.32 crore for the June 2026 quarter, up 12.7%, reported on 3 August 2026. EBITDA rose 27.9% to Rs 61.82 crore at a 21.5% margin and net profit 48.3% to Rs 31.44 crore, with diluted EPS of Rs 1.98.<\/p>\n<h3><span class=\"ez-toc-section\" id=\"What_is_the_Artemis_Medicare_share_price_target\"><\/span><strong>What is the Artemis Medicare share price target?<\/strong><span class=\"ez-toc-section-end\"><\/span><\/h3>\n<p><strong>Ans.<\/strong> The only verified Artemis Medicare share price target on record is Rs 325, published by a domestic brokerage on 4 August 2026 with an ADD rating. The share closed at Rs 331.90 on 17 September 2026, already above it, and no higher target has appeared since.<\/p>\n<h3><span class=\"ez-toc-section\" id=\"How_is_this_NCR_healthcare_stock_connected_to_Apollo_Tyres\"><\/span><strong>How is this NCR healthcare stock connected to Apollo Tyres?<\/strong><span class=\"ez-toc-section-end\"><\/span><\/h3>\n<p><strong>Ans.<\/strong> Both share the same promoter family. Onkar Kanwar, chairman of Apollo Tyres, chairs Artemis Medicare, and Neeraj Kanwar and Apollo Tyres Ltd sit in the promoter group, with the main 58.38% holding routed through Constructive Finance Private Limited.<\/p>\n<h3><span class=\"ez-toc-section\" id=\"How_many_beds_does_Artemis_Medicare_operate_and_plan_to_add\"><\/span><strong>How many beds does Artemis Medicare operate and plan to add?<\/strong><span class=\"ez-toc-section-end\"><\/span><\/h3>\n<p><strong>Ans.<\/strong> The group ran more than 800 beds in late 2025, anchored by 541 in Gurugram. It added 300 in Raipur in July 2026, plans 130 to 150 in a new Gurugram tower and 650 in south Delhi, targeting close to 2,000 operational beds by FY30.<\/p>\n<h3><span class=\"ez-toc-section\" id=\"What_is_the_52-week_high_and_low_of_this_NCR_healthcare_stock\"><\/span><strong>What is the 52-week high and low of this NCR healthcare stock?<\/strong><span class=\"ez-toc-section-end\"><\/span><\/h3>\n<p><strong>Ans.<\/strong> The 52-week high is Rs 362.00, touched on 10 September 2026, and the low is Rs 203.35 on 30 March 2026. At Rs 331.90 the share trades about 9% below its high and 63% above its low.<\/p>\n<h3><span class=\"ez-toc-section\" id=\"Is_this_NCR_healthcare_stock_worth_buying_after_a_38_rally\"><\/span><strong>Is this NCR healthcare stock worth buying after a 38% rally?<\/strong><span class=\"ez-toc-section-end\"><\/span><\/h3>\n<p><strong>Ans.<\/strong> That depends on tolerance for execution risk, since a PE near 45.30 prices in beds that are not yet operational. Positives are rising occupancy, profit up 48.3% and debt to equity of 0.28; risks are single-campus concentration, Raipur losses, dilution and thin liquidity.<\/p>\n<div class=\"faq-schema\"><script type=\"application\/ld+json\">{\"@context\":\"https:\/\/schema.org\",\"@type\":\"FAQPage\",\"mainEntity\":[{\"@type\":\"Question\",\"name\":\"Which NCR healthcare stock rose 38% in one year?\",\"acceptedAnswer\":{\"@type\":\"Answer\",\"text\":\"Artemis Medicare Services Ltd (NSE: ARTEMISMED) is the NCR healthcare stock that gained approximately 37.7% between 17 September 2025 and 17 September 2026, from Rs 241.04 to Rs 331.90. It runs a 541-bed tertiary hospital in Gurugram and a 300-bed hospital in Raipur.\"}},{\"@type\":\"Question\",\"name\":\"Why did the Artemis Medicare share price rise in 2026?\",\"acceptedAnswer\":{\"@type\":\"Answer\",\"text\":\"Operating gains plus a visible expansion pipeline drove it. 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The share closed at Rs 331.90 on 17 September 2026, already above it, and no higher target has appeared since.\"}},{\"@type\":\"Question\",\"name\":\"How is this NCR healthcare stock connected to Apollo Tyres?\",\"acceptedAnswer\":{\"@type\":\"Answer\",\"text\":\"Both share the same promoter family. Onkar Kanwar, chairman of Apollo Tyres, chairs Artemis Medicare, and Neeraj Kanwar and Apollo Tyres Ltd sit in the promoter group, with the main 58.38% holding routed through Constructive Finance Private Limited.\"}},{\"@type\":\"Question\",\"name\":\"How many beds does Artemis Medicare operate and plan to add?\",\"acceptedAnswer\":{\"@type\":\"Answer\",\"text\":\"The group ran more than 800 beds in late 2025, anchored by 541 in Gurugram. It added 300 in Raipur in July 2026, plans 130 to 150 in a new Gurugram tower and 650 in south Delhi, targeting close to 2,000 operational beds by FY30.\"}},{\"@type\":\"Question\",\"name\":\"What is the 52-week high and low of this NCR healthcare stock?\",\"acceptedAnswer\":{\"@type\":\"Answer\",\"text\":\"The 52-week high is Rs 362.00, touched on 10 September 2026, and the low is Rs 203.35 on 30 March 2026. At Rs 331.90 the share trades about 9% below its high and 63% above its low.\"}},{\"@type\":\"Question\",\"name\":\"Is this NCR healthcare stock worth buying after a 38% rally?\",\"acceptedAnswer\":{\"@type\":\"Answer\",\"text\":\"That depends on tolerance for execution risk, since a PE near 45.30 prices in beds that are not yet operational. Positives are rising occupancy, profit up 48.3% and debt to equity of 0.28; risks are single-campus concentration, Raipur losses, dilution and thin liquidity.\"}}]}<\/script><\/div>\n","protected":false},"excerpt":{"rendered":"<p>One Gurugram-based hospital operator gained approximately 38% in twelve months on rising occupancy and a 2,000-bed expansion plan. Here is what drove the move and what could go wrong.<\/p>\n","protected":false},"author":29,"featured_media":255075,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[845],"tags":[5862,5856,5857,5859,5861,5445,5860,5863],"class_list":["post-255082","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-best-stocks","tag-arpob","tag-artemis-medicare","tag-artemis-medicare-share-price","tag-artemis-medicare-share-price-target","tag-bed-occupancy-rate","tag-high-return-stocks","tag-ncr-healthcare-stock","tag-tertiary-care-hospital"],"metadata":{"rank_math_internal_links_processed":["1"],"_thumbnail_id":["255075"],"rank_math_title":["NCR Healthcare Stock Rises 38% in 1 Year: What Drove It"],"rank_math_description":["This NCR healthcare stock rose approximately 38% in 1 year to Rs 331.90. See the bed expansion, occupancy, ARPOB, financials, analyst view and key risks."],"rank_math_focus_keyword":["NCR healthcare stock"],"rank_math_robots":["a:2:{i:0;s:7:\"noindex\";i:1;s:8:\"nofollow\";}"]},"jetpack_sharing_enabled":true,"jetpack_featured_media_url":"https:\/\/univest.in\/blogs-2\/wp-content\/uploads\/2026\/09\/ncr-healthcare-stock-rises-38-percent-in-1-year.png","_links":{"self":[{"href":"https:\/\/univest.in\/blogs-2\/wp-json\/wp\/v2\/posts\/255082","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/univest.in\/blogs-2\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/univest.in\/blogs-2\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/univest.in\/blogs-2\/wp-json\/wp\/v2\/users\/29"}],"replies":[{"embeddable":true,"href":"https:\/\/univest.in\/blogs-2\/wp-json\/wp\/v2\/comments?post=255082"}],"version-history":[{"count":1,"href":"https:\/\/univest.in\/blogs-2\/wp-json\/wp\/v2\/posts\/255082\/revisions"}],"predecessor-version":[{"id":255083,"href":"https:\/\/univest.in\/blogs-2\/wp-json\/wp\/v2\/posts\/255082\/revisions\/255083"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/univest.in\/blogs-2\/wp-json\/wp\/v2\/media\/255075"}],"wp:attachment":[{"href":"https:\/\/univest.in\/blogs-2\/wp-json\/wp\/v2\/media?parent=255082"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/univest.in\/blogs-2\/wp-json\/wp\/v2\/categories?post=255082"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/univest.in\/blogs-2\/wp-json\/wp\/v2\/tags?post=255082"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}