Support and Resistance Levels
Past performance
About Nidan Laboratories & Healthcare Ltd Nidan Laboratories & Healthcare Limited, founded in 1994 by Dr. Nitin Vithalrao Throve, operates a comprehensive network of diagnostic centers primarily in Mumbai and Pune. Originally a sole proprietorship, the company was incorporated in 2000 and transitioned to a public limited company in 2021. It offers extensive diagnostic services including pathology, radiology, cardiology, neurology, and more, through approximately 35 centers, with 16 operating under a franchise model. Nidan processes over 1 million patient diagnostics annually, with a menu of around 740 routine and 3000 specialized pathology tests, and 220 basic and 320 advanced radiology tests.
The company emphasizes customer convenience with value-added services like home specimen collection and digital report access. Nidan's strategic focus on integrated services, quality, and customer experience distinguishes it in the competitive diagnostic sector. In 2021, Nidan raised Rs. 50 crore through an initial public offering, underlining its growth and commitment to expanding healthcare services.