Narayana Hrudayalaya zooms on entering into non-binding MoU with Honeywell

Narayana Hrudayalaya is currently trading at Rs. 636.10, up by 19.65 points or 3.19% from its previous closing of Rs. 616.45 on the BSE.

Narayana Hrudayalaya
Narayana Hrudayalaya

The scrip opened at Rs. 611.00 and has touched a high and low of Rs. 642.40 and Rs. 611.00 respectively. So far 2344 shares were traded on the counter.

The BSE group ‘A’ stock of face value Rs. 10 has touched a 52 week high of Rs. 775.00 on 05-Apr-2022 and a 52 week low of Rs. 425.95 on 27-May-2021.

Last one week high and low of the scrip stood at Rs. 680.00 and Rs. 611.00 respectively. The current market cap of the company is Rs. 12955.45 crore.

The promoters holding in the company stood at 63.85%, while Institutions and Non-Institutions held 28.98% and 7.17% respectively.

Narayana Hrudayalaya (NHL) and Honeywell Technology Solutions Lab (Honeywell) have entered into a non-binding Memorandum of Understanding (MoU) to identify, assess and collaborate on opportunities for the Company’s digital transformation journey.

This will enable the company to offer technology-driven, affordable and accessible healthcare for all. The MoU is subject to definitive agreements to be executed between Honeywell and NHL.

Further, Honeywell and NHL will work towards co-innovation and introduction of new products, to establish technology development centers, to co-create joint capabilities in technology development and research, and to undertake the development of fire safety codecs that ensure an end-to-end life safety system to make hospitals safer. As a technology partner, Honeywell will also help enhance and optimize NHL’s digital processes and offer training to its employees.

Narayana Hrudayalaya is one of the leading private healthcare service providers in India, operating a chain of multispecialty, tertiary and primary healthcare facilities.

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