NSE:MEDPLUS management interview: Medplus Puts Capex Plans On Hold | Took Investor Feedback And Arrived At The Decision, Says Company
CNBC-TV18, 2026-07-23. Video: https://www.youtube.com/watch?v=pWrvjFlnCrY
- Capex plan paused: MedPlus has placed its proposed 100 crore capex into a Hyderabad health and wellness center on temporary hold following adverse shareholder and market feedback, subject to formalization by the board.
- Cash reserves: The company holds approximately 600 crore in cash on its balance sheet against a market capitalization of around 8,000 crore, accounting for roughly 8% of its valuation.
- Share buyback: Management declined to comment on whether the company will consider a share buyback to support the stock following its recent price decline.
- Long-term diversification strategy: Management explained that expanding into healthcare adjacencies reflects the horizontal evolution seen in overseas models like CVS, but acknowledged the move appeared to be a digression for MedPlus at this stage.