Max Healthcare Institute Ltd Share Price (MAXHEALTH)

Max Healthcare Shares Fall After NSE Refuses Fine Waiver - 18 Apr, 2024

Max Healthcare faces a setback as its shares fall 4.4% following refusal of waiver of a fine imposed by the National Stock Exchange. However, the company is set to expand with a Rs 2500 crore investment plan for hospital development in Lucknow.

Max Healthcare to Double Bed Capacity with Rs 5,000 Crore Investment - 17 Apr, 2024

Max Healthcare Institute Ltd plans to invest over Rs 5,000 crore in the next four to five years to more than double its bed capacity to over 8,000 beds. Half of the investment will be made in Uttar Pradesh.

Max Healthcare Plans Major Expansion with Investment of Rs 5,000 Crore - 16 Apr, 2024

Max Healthcare Institute Ltd plans to invest over Rs 5,000 crore to double its bed capacity to over 8,000 beds in the next five years. The company will invest Rs 2,500 crore in Uttar Pradesh, including setting up a brand new 500-bed hospital and increasing the capacity of the acquired facility. Through these two facilities, the company expects to generate 10,000 jobs in Uttar Pradesh.

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.