Fortis Malar Hospitals Share Price

Malar Hospital Ltd was established in 1992 by group of Doctors headed by Dr.S.Ramamurthy. The company possesses some of the best medical facilities available in the country. These include Neurology/Neurosurgery,Intensive Cardiac Care Unit,Renal Transplant Unit,Trauma Care. All the above departments are fully became operational under phase I of the project. The second phase of the project envisages enhacement of the number of beds from 100 to 250 beds at an cost of Rs.2120 lacs. To part the project the company came into rights issues during 1995. To improve the quality of service the Hospital is planning to expand the activities of Cardialogy, Neurology, Optholmology. The Hospital have started performing Cardio Thoracic surgeries with effect from 13-10-2003. Dr.K M Cherian is leading this cardio Thoracic department. He has won several awards and honors including Padmashree award from the Government. Dr.K M Cherian has conducted around 26,200 cardio thoracic cases including infant heart surgery, heart transplants, paediatric heart transplants and heart and lung transplants. This type of surgery will bring more revenue to the hospital in the comming years. With Dr.K M Cherian at command of cardio thoracic team, the future looks bright.