Budget 2026: Max Healthcare, other hospital stocks rise up to 4% as FM proposes to build 5 medical tourism hubs

Money Control
2026.02.01 06:37
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Shares of hospitals, including Max Healthcare, Narayana Hrudayalaya, and Apollo Hospitals, rose significantly on February 1 after Finance Minister Nirmala Sitharaman proposed the establishment of five medical tourism hubs in India during the Union Budget 2026 presentation. The initiative aims to promote India as a medical tourism destination, enhancing healthcare services and creating job opportunities. Max Healthcare's shares increased by over 4%, while Narayana Hrudayalaya and Apollo Hospitals saw gains of over 3% and nearly 1.5%, respectively. This development is expected to boost foreign patient inflow and sector growth.