New Delhi, Oct. 16 -- Shares of Rainbow Children's Medicare (RCML) have declined by approximately 9% over the past month and 8% over the past year, as slower patient growth and seasonal factors have weighed on performance.

The weakness comes at a time when overall sentiment toward healthcare stocks has cooled, with investors shifting focus away from defensive sectors.

Even so, Rainbow's longer-term story remains strong. Since its 2022 listing, the stock has remained nearly 190% higher, backed by solid fundamentals, including steady margins, a debt-free balance sheet, and a capital-efficient hospital model that supports rapid expansion.

The company also continues to grow its presence across major cities while keeping profitability among...