Max Healthcare Institute Ltd Share Price (MAXHEALTH)
₹833.35
Overview of Max Healthcare Institute Ltd
Key events for Max Healthcare Institute Ltd
Max Healthcare Institute Ltd Shows Modest EPS Growth and Sustainable Revenue Increase - 14 Apr, 2024
Max Healthcare Institute has shown a modest gain of 8.1% in earnings per share (EPS) over the last year, with EBIT margins up from 21% to 24%. The company's revenue is growing, indicating sustainable growth. Insiders hold an impressive stake worth ₹201b, making them powerful and aligned with shareholders.
Max Healthcare Institute Ltd Stock Shows Positive Breakout Patterns - 11 Apr, 2024
The Max Healthcare Institute Ltd stock has experienced a Flag pattern breakout and cup and handle pattern breakout, indicating increased optimism among investors. The RSI is ascending with the current reading at 66. Over the short term, the stock may move towards Rs 925, with support placed at Rs 839.
Technical Analysis Suggests Long Position for Max Healthcare Institute Ltd - 10 Apr, 2024
Max Healthcare Institute Ltd's stock has broken out of a descending trend line after double bottom formation. The stock is strongly placed above the middle Bollinger band and RSI remains above 60 levels. A long position can be initiated at CMP Rs 828.40 with a target price of Rs 900 and stop-loss at Rs 792.
Max Healthcare Institute Ltd Stock Shows Bullish Momentum - 28 Mar, 2024
The Max Healthcare Institute Ltd stock has shown a consolidation breakout with increased volume and crossed above the short-term moving average, indicating bullish sentiment. The momentum indicator RSI also experienced a bullish crossover. The stock is expected to rally towards Rs 900 in the short term with support at Rs 774.
Max Healthcare Institute Ltd's High P/E Ratio Raises Concerns Among Investors - 18 Mar, 2024
Max Healthcare Institute Ltd's P/E ratio of 66.8x is significantly higher than the industry average, indicating bearish signals. However, analysts predict a growth rate of 26% over the next three years, which could justify the high valuation.
Analyst Rating for Max Healthcare Institute Ltd stock
based on 16 analysts
Based on 16 analysts offering long term price targets for Max Healthcare Institute Ltd. An average target of ₹833.56
Source: S&P Global Market Intelligence
Max Healthcare Institute Ltd share Performance
- ₹830₹861₹833.35
0.40%
Downside
Day's Volatility:3.72%
Upside
3.32%
- ₹435.05₹910₹833.35
47.80%
Downside
52 Weeks Volatility:56.99%
Upside
9.20%
| Returns % | |
| 1 Month Return | 14.09 % |
| 3 Month Return | 16.03 % |
| 1 Year Return | 76.82 % |
| Market Stats | |
| Previous Close | ₹870.45 |
| Open | ₹855.00 |
| Volume | 12.36L |
| Upper Circuit | - |
| Lower Circuit | - |
| Market Cap | ₹80,994.32Cr |
Max Healthcare Institute Ltd Company Information
Max Healthcare Institute Ltd is one of the top healthcare providers in India, offering a wide range of products and services. Its top products include diagnostic services, medical imaging, laboratory testing, and surgical services. The company also offers a range of popular brands such as Max Super Specialty Hospital, Max Multi Specialty Centre, Max Smart Super Specialty Hospital, and Max Healthcare.
Share Price: ₹833.35 per share as on 15 Apr, 2024 04:01 PM
Market Capitalisation: ₹80,994.32Cr as of today
Revenue: ₹1,334.97Cr as on December 2023 (Q4 23)
Net Profit: ₹289.34Cr as on December 2023 (Q4 23)
Listing date: 20 Aug, 2020
Chairperson Name: Abhay Soi
| Organisation | Max Healthcare Institute Ltd |
| Headquarters | |
| Industry | Healthcare |
| E-voting on shares | Click here to vote |
Fundamentals of Max Healthcare Institute Ltd
Insights on Max Healthcare Institute Ltd
Insights help you understand the recent movement of the company's critical parameters, giving you an overall view of the company.
POSITIVE IMPACTProfit Spike
Netprofit is up for the last 3 quarters, 240.08 Cr → 289.34 Cr (in ₹), with an average increase of 8.8% per quarter
- POSITIVE IMPACT
Best in 3 Years
In the last 3 years, MAXHEALTH has outperformed top 5 stocks with highest market-cap in Healthcare Facilities & Services
- POSITIVE IMPACT
FII Holding Up
Foreign Institutions have increased holdings from 60.38% to 60.69% in Dec 2023 quarter
- POSITIVE IMPACT
MF Holding Up
Mutual Funds have increased holdings from 10.55% to 10.62% in Dec 2023 quarter
- POSITIVE IMPACT
Price Rise
In the last 7 days, MAXHEALTH stock has moved up by 6.1%
NO EFFECTAgainst Peers
In the last 1 year, Global Health Ltd has given 187.5% return, outperforming this stock by 102.8%
NEGATIVE IMPACTRetail Holding Down
Retail Investor have decreased holdings from 4.46% to 3.99% in Dec 2023 quarter
- NEGATIVE IMPACT
Revenue Fall
Revenue is down for the last 2 quarters, 1.40K Cr → 1.38K Cr (in ₹), with an average decrease of 2.0% per quarter
- NEGATIVE IMPACT
Promoter Holding Down
Promoters have decreased holdings from 23.76% to 23.75% in Dec 2023 quarter
Max Healthcare Institute Ltd Valuation
Max Healthcare Institute Ltd in the last 5 years
Lowest (-108.44x)
June 23, 2021
Today (76.59x)
April 15, 2024
Industry (95.45x)
April 15, 2024
Highest (114.93x)
September 16, 2021
Max Healthcare Institute Ltd Mutual Fund Holdings
| Funds | Holdings |
 HDFC Mid-Cap Opportunities Fund -Direct Plan - Growth Option | 3.09% |
 SBI Equity Hybrid Fund Direct Growth | 0.96% |
 Canara Robeco Emerging Equities Direct Plan Growth Option | 2.82% |
 Nippon India Growth Fund - Direct Plan - Growth | 1.92% |
| SBI Magnum Midcap Fund Direct Growth | 2.68% |
Max Healthcare Institute Ltd Shareholding Pattern
| Investors | Holdings % | Prev. 4 periods | 3M change |
|---|---|---|---|
| Promoter Holdings | 23.75% | ||
| Foreign Institutions | 60.69% | 0.52 | |
| Mutual Funds | 10.62% | 0.71 | |
| Retail Investors | 3.99% | ||
| Others | 0.94% | 10.65 |
Technicals of Max Healthcare Institute Ltd share
News & Events of Max Healthcare Institute Ltd
Frequently Asked Questions
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Max Healthcare Institute Ltd (MAXHEALTH) share price today is ₹833.35
Max Healthcare Institute Ltd is listed on NSE
Max Healthcare Institute Ltd is listed on BSE
- Today’s highest price of Max Healthcare Institute Ltd is ₹861.
- Today’s lowest price of Max Healthcare Institute Ltd is ₹830.
PE Ratio of Max Healthcare Institute Ltd is 76.59
PE ratio = Max Healthcare Institute Ltd Market price per share / Max Healthcare Institute Ltd Earnings per share
Today’s traded volume of Max Healthcare Institute Ltd(MAXHEALTH) is 12.36L.
Today’s market capitalisation of Max Healthcare Institute Ltd(MAXHEALTH) is ₹80994.32Cr.
| Max Healthcare Institute Ltd(MAXHEALTH | Price |
|---|---|
52 Week High | ₹910 |
52 Week Low | ₹435.05 |
Max Healthcare Institute Ltd(MAXHEALTH) share price is ₹833.35. It is down -8.42% from its 52 Week High price of ₹910
Max Healthcare Institute Ltd(MAXHEALTH) share price is ₹833.35. It is up 91.55% from its 52 Week Low price of ₹435.05
| Max Healthcare Institute Ltd(MAXHEALTH | Returns |
|---|---|
1 Day Returns | -37.1% |
1 Month Returns | 14.09% |
3 Month Returns | 16.03% |
1 Year Returns | 76.82% |