Fortis Healthcare Limited has announced a significant expansion in Uttar Pradesh by signing an operations and management agreement with the Ekana Group for a new 550-bed greenfield super speciality hospital in Lucknow. The project, to be located near Gomti Nagar, aims to bring advanced infrastructure and global best practices to the state capital.
The agreement with Ekana Group will see Fortis take charge of operating and managing the upcoming super speciality facility, which is designed as a Centre of Excellence for tertiary care services. Once complete, the hospital will expand access to high-quality healthcare across Lucknow and its neighbouring regions.
As per the exchange filings, Dr Ashutosh Raghuvanshi, MD & CEO of Fortis Healthcare, commented, “We are delighted to partner with Ekana Group to bring a state-of-the-art tertiary healthcare facility to the heart of Lucknow. Once operational, this new 550-bed super-speciality hospital near Gomti Nagar will significantly enhance access to advanced medical care for the city and its surrounding regions.”
Echoing this, Mr Uday Sinha, Promoter of Ekana Group, said, “We are happy to join hands with one of the leading healthcare chains in India - Fortis Healthcare to develop a leading-edge tertiary care hospital, one that will significantly enhance access to advanced medical services and deliver patient care where it’s most needed.”
This agreement strengthens Fortis Healthcare’s footprint in Uttar Pradesh while adding to its nationwide presence. The company currently operates 33 healthcare facilities across 11 states, supported by over 5,700 operational beds and 400 diagnostic labs. With the new Lucknow facility, Fortis continues to build its position as one of India’s leading integrated healthcare providers.
Also Read: Apollo Hospitals to Double AI Investment Over the Next 2 to 3 Years!
As of August 21, 2025, at 9:25 AM, Fortis Healthcare share price is trading at ₹958.20 per share, reflecting a decline of 0.60% from the previous closing price. Over the past month, the stock has surged by 19.44%.
The collaboration with Ekana Group reflects Fortis Healthcare’s continued focus on expanding access to quality healthcare. With the 550-bed Lucknow hospital joining its network, Fortis is reinforcing its role as a major player in tertiary care delivery across India.
Disclaimer: This blog has been written exclusively for educational purposes. The securities mentioned are only examples and not recommendations. This does not constitute a personal recommendation/investment advice. It does not aim to influence any individual or entity to make investment decisions. Recipients should conduct their own research and assessments to form an independent opinion about investment decisions.
Investments in the securities market are subject to market risks, read all the related documents carefully before investing.
Published on: Aug 21, 2025, 12:14 PM IST
Team Angel One
We're Live on WhatsApp! Join our channel for market insights & updates