New Delhi, March 10 -- Shares of the newly-listed Park Medi World climbed to a fresh high in Tuesday's intraday deals, amid a bullish sentiment in the Indian stock market, as the investors cheered the company's new expansion plans approved by the board in a meeting earlier today.

Park Medi World shares, which listed on the exchanges on December 17 last year, jumped as much as 3.5% to a new peak of Rs.208.72 apiece. The IPO investors are meanwhile enjoying 30% returns on their investment as against the offer price of Rs.162 apiece.

The hospital chain operator in an exchange filing today, March 10, announced that its board has approved the launch of a multispecialty hospital in Panchkula along with the expansion of beds at Grecian Super S...