List of Hospital Sector Stocks in India (2025)

Hospital stocks refer to hospitals listed in the stock market that operate healthcare facilities, primarily hospitals. These stocks are part of the broader healthcare sector, but they focus specifically on the listed hospital companies in India providing in-patient and out-patient services, surgeries, emergency care, diagnostics, and other related services. Investors are increasingly interested in healthcare company stocks due to the continuous rise in healthcare demand, making this sector a robust growth area.

India’s hospital industry is on a strong growth trajectory. The sector has seen significant private equity and venture capital investments, surpassing US$ 1 billion in early 2024, marking a 220% increase from the previous year. Valued at around US$ 372 billion in 2023, the healthcare sector is a major employment generator. Private players are expanding beyond metropolitan cities into Tier 2 and Tier 3 locations, and the medical devices and diagnostics segments have witnessed rapid growth. The northern region, particularly cities like Delhi, Lucknow, and Chandigarh, stands out for housing some of the country’s top hospitals and medical institutions.

The Union Budget 2025-26 has allocated ₹98,311 cr. for the healthcare sector. Some highlights of policies that will help affect the hospital industry include:

1. Medical Education and Workforce Expansion

• With the vision of ‘Viksit Bharat’, the government has announced plans to create 75,000 new undergraduate medical seats over the next five years.
• In the first year, 10,000 additional seats will be introduced to help address shortages in the healthcare workforce.

2. Healthcare Infrastructure and Programmes

• The government has announced the establishment of Day Care centres for cancer treatment in all district hospitals in the next 3 years, with 200 Centres in 2025-26.
• The Budget also includes support for private sector initiatives aimed at promoting medical tourism and the ‘Heal in India’ initiative.

When identifying the best hospital stocks to buy, consider the following key factors:

• Market leadership: The best healthcare stocks in India with a dominant market position, like Apollo Hospitals, tend to offer more stability.
• Expansion plans: Hospitals that are expanding into new regions or specialities can offer growth potential.
• Profit margins: Hospitals with efficient operations and high margins are better positioned for profitability.
• Debt levels: Hospitals with manageable debt levels are safer bets, as high leverage can pose a risk during downturns.

Investors often find that pairing hospital stocks with pharmaceutical stocks creates a more balanced healthcare portfolio, capturing both patient care and medication supply.

Here is how you can invest in hospital stocks in NSE:

• Open a Demat/Trading/Stockbroker Account: Start by opening a demat account with a trusted stockbroker to enable online trading and investing in hospital stocks.
• Conduct Thorough Research: Identify the top hospital stocks in India that align with your investment goals. Utilise tools like the Tickertape Stocks Screener to refine your search. The screener offers 200+ built-in filters, allowing you to choose parameters such as market capitalisation, financial performance, growth trends, and more. This helps create a curated hospital share list of healthcare companies worth considering.
• Place a ‘Buy’ Order: Once you’ve selected the hospital stocks that meet your criteria, execute a ‘Buy’ order through your trading account to initiate your investment.

Several macroeconomic and sector-specific factors influence the performance of hospital company stocks:

• Healthcare demand: An ageing population and rising incidence of diseases boost hospital revenues.
• Government policies: Supportive policies, including healthcare subsidies and insurance schemes like Ayushman Bharat, have a positive impact on hospital stocks, including hospital penny stocks.
• Medical tourism: India’s growing reputation as a hub for affordable and quality healthcare attracts international patients, boosting hospital revenues for listed hospital stocks in India.
• Technology and innovation: Hospitals adopting new technologies like telemedicine, robotic surgeries, and AI-driven diagnostics are likely to attract more patients and improve operational efficiencies.

While hospital stocks or health care sector stocks present attractive opportunities, there are risks involved:

• Regulatory changes: Government policy changes in healthcare pricing or insurance schemes can impact revenues of hospital shares in India.
• High operational costs: Hospitals face significant fixed costs in maintaining infrastructure and healthcare personnel, making them sensitive to fluctuations in patient volumes.
• Competition: The entry of new players and increasing competition could squeeze profit margins of listed hospitals in India.