BUZZ — India's QMS Medical Allied Services rises on stake acquisition in Saarathi Healthcare

* Shares of India's QMS Medical Allied Services rise 5% to 177.36 rupees * Indian-based healthcare co acquires additional 24% stake in Saarathi Healthcare, increasing co's equity holding from 76% to 100% * Cost of acquisition is 142.3 million rupees ($1.49 million), co says * After acquisition Saarathi Healthcare becomes wholly owned subsidiary of QMSM * Co says acquisition will help expand business in healthcare sector * Stock up 97.95% YTD ($1 = 95.7600 Indian rupees) (Reporting by Anushka Rajvedi in Bengaluru) ((mailto: anushka.rajvedi@thomsonreuters.com)