Support and Resistance Levels
Past performance
About Rainbow Childrens Medicare Ltd Rainbow Children's Medicare Limited is a prominent chain of pediatric, obstetrics, and gynecology hospitals in India. Established in 1998 and transitioned to a public company in 2021, it operates 16 hospitals and three clinics across six cities, with a bed capacity of 1,655. The company focuses on comprehensive child and maternal care services, including pediatric and neonatal intensive care, multi-organ transplants, obstetric care, fetal care, and fertility treatment. Rainbow's facilities are recognized for their quality, with several hospitals holding NABH accreditation and EDGE certification.
The company follows a unique doctor engagement model, ensuring specialist availability 24/7, crucial for emergency and intensive care. Founded by Dr. Ramesh Kancharla, it started with a 50-bed hospital in Hyderabad and has expanded significantly, including a recent IPO in 2022. Rainbow continues to grow with new facilities and advanced services like organ transplantation, enhancing its reputation as a leader in pediatric and maternal healthcare in India.