Hospital Stocks Rally as CGHS Hikes Procedure Rates After 15 Years

Hospital stocks surged up to 7% on October 6 after CGHS revised rates for nearly 2,000 medical procedures effective October 13, 2025.

Fortis, Max, Apollo, and Narayana Hrudalaya led gains. Brokerages estimate 25–30% rate hikes could lift hospital EBITDA by 5–10%, with Fortis and Max among key beneficiaries.