Multibagger stock announces strategic partnership with Sardar Vallabhbhai Global University in Ahmedabad!

Multibagger stock announces strategic partnership with Sardar Vallabhbhai Global University in Ahmedabad!

Vaishnavi Chauhan

The stock has given multibagger returns of more than 163 per cent in the last 3 years.

On July 06, 2023, Shalby Limited shares surged 4.05 per cent. The 52-week high and low are Rs 191.75 per share and Rs 101.75 per share, respectively on BSE. Sensex surged by 0.52 per cent and make a new all-time high of 65,832 level while Nifty also reaches a new all-time high of 19,512 level after surging by 0.51 per cent.

The partnership between Shalby Academy and Sardar Vallabhbhai Global University in Ahmedabad is aimed at jointly developing and offering a full-time BBA program in Healthcare & Hospital Management. The program will be conducted at the University's campus on SG Highway in Ahmedabad and will accommodate a batch of 60 students.

The memorandum of understanding (MOU) was signed on July 4, 2023, by Babu Thomas, Group Chief Human Resources Officer of Shalby Ltd., and Siddharth Chimanbhai Patel, President of SVGU University. The signing ceremony was attended by other dignitaries from both the University and Shalby Ltd.

As part of the partnership, Shalby will serve as an industry partner and provide extensive training opportunities for the students at their hospitals in Ahmedabad. This hands-on exposure aligns with the curriculum, ensuring that the students are well-prepared and "industry ready" upon completion of the program. Additionally, Shalby has committed to offering preferential placement to students based on merit.

This collaboration reflects Shalby's dedication to working with various universities across India to offer skill-based healthcare courses and contribute to the strengthening of the country's healthcare delivery system.

In India, Shalby Ltd works in the healthcare delivery sector. It has a network of multi-specialty hospitals across India. The company's business is to provide tertiary and quaternary healthcare services to patients in a variety of specialisations such as orthopaedics, complex joint replacements, cardiology, neurology, cancer, renal transplantations, and so on.

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The stock has witnessed significant buying activity as it has given returns of more than 79 per cent in just 1 year moreover the stock has given multibagger returns of more than 163 per cent in the last 3 years. Investors should keep an eye on this small-cap hospital stock.

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