KMC Speciality hospital

I see few red flags in KMC specialty hospital.

1. This is a subsidiary company and the management already have some plan to go IPO to list the parent itself. There is no plan to expand this hospital in near future beyond trichy.
2. There are some rumors circling around in tamil political youtube channel about the involvement of a political party stake.
3. Apollo Trichy is big hit in recent times and pulling high ticket(like maternit, ICU etc) and elite class. Strategically located in NH-45 and near to upcoming Panjapur central bus stand.
4. Highly overvalued compared to other hospitals.

Disc: Invested(reduced position in recent times)