Rainbow Childrens Medicare Limited
Franklin Templeton Mutual Fund decreased its stake in Rainbow Childrens Medicare Limited from 2.81% to 2.76% by selling 52,667 shares. The shares were valued at ₹7.69 Cr, at a price of ₹1460.10 apiece. Franklin Resources, Inc. held 2,851,093 shares as of March 30, 2026.
A multi-specialty hospital chain delivering pediatric, obstetrics, and gynecology services across India. Rainbow Children's Medicare operates facilities offering newborn and pediatric intensive care, multi-specialty pediatric services, quaternary care, and comprehensive obstetrics and gynecology treatment. The organization provides specialized maternal and child healthcare through hospitals located in major cities nationwide, serving as a prominent provider in this segment.
Indian arm of Franklin Templeton Investments, a global AMC with over USD 1.5 trillion in assets worldwide. Manages over Rs 1.2 lakh crore in India. Navigated a significant setback when six debt schemes were wound up in April 2020 due to illiquid credit exposure, with full investor capital recovered by 2022. Equity franchise led by CIO Anand Radhakrishnan has maintained consistent performance through the volatility.