This is my first post. I am still learning the rudiments of investing.
I do agree that some people have a different view on Nalla Palanisamy, the promoter. But I don’t think, KMCH will hit the ground, anytime soon. I am living near this hospital for the last 10 years and hence have to visit the hospital regularly, whenever the family members of my friends get admitted. I can say with all certainty that there is a steady rise in the number of patients coming here for treatment. A few doctors in this hospital are considered to among the best in the country.
Ganga hospital, Gem Hospital and Arvind are also doing well. That in no way can affect the growth of KMCH, as the market seems to be too big, given the fact that nowadays, more and more people from places like Erode and Salem (located within 160 km distance) also prefer to take treatment in Coimbatore.
Still, I will not bet on KMCH, until I get the confidence that the growth of KMCH will result in the growth of investors.