Max Healthcare Institute Ltd (MAXHEALTH)
₹813.45
Max Healthcare Institute Ltd share Performance
- ₹805.45₹827.85₹813.45
0.98%
Low
Day's Volatility:2.75%
High
1.77%
- ₹468.1₹910₹813.45
42.45%
Low
52 Weeks Volatility:54.32%
High
11.87%
| Returns % | |
| 1 Month Return | -0.52 % |
| 3 Month Return | 3.21 % |
| 1 Year Return | 71.18 % |
| Market Stats | |
| Previous Close | ₹814.90 |
| Open | ₹818.65 |
| Volume | 32.95L |
| Upper Circuit | - |
| Lower Circuit | - |
| Market Cap | ₹79,201.14Cr |
Analyst Rating
based on 17 analysts
Based on 17 analysts offering long term price targets for Max Healthcare Institute Ltd. An average target of ₹844.24
Source: S&P Global Market Intelligence
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: ₹813.45 per share as on 03 May, 2024 04:01 PM
Market Capitalisation: ₹79,201.14Cr 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 |
Key events for Max Healthcare Institute Ltd
Max Healthcare to Double Capacity with ₹5,000 Crore Investment - 29 Apr, 2024
Max Healthcare plans to invest around ₹5,000 crore to add 4,200 beds and double its capacity across its network of hospitals in the next four to five years. The group currently has 4,000 beds.
Max Healthcare Share Price Up; Anand Rathi Has Buy Call - 24 Apr, 2024
Max Healthcare Institute's share price rose by 5.13%, while Anand Rathi issued a buy call with a target price of Rs 950. The company reported consolidated sales of Rs 1380.99 crore for the quarter ended 31-Dec-2023.
SBI Mutual Fund Acquires 2.37% Stake in Max Healthcare Institute - 23 Apr, 2024
SBI Mutual Fund has acquired a 2.37% stake in Max Healthcare Institute Ltd as of March 2024, with the company reporting revenue of Rs 1,335 crore and net profit of Rs 289 crore in Q3FY24.
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.
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 IMPACTBest in 3 Years
In the last 3 years, MAXHEALTH has outperformed top 5 stocks with highest market-cap in Healthcare Facilities & Services
- POSITIVE IMPACT
MF Holding Up
Mutual Funds have increased holdings from 10.62% to 12.33% in Mar 2024 quarter
- POSITIVE IMPACT
Price Rise
In the last 6 months, MAXHEALTH stock has moved up by 41.0%
- POSITIVE IMPACT
Profit 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
NO EFFECTPromoter Holding Unchanged
Promoters holdings remained unchanged at 23.75% of holdings in Mar 2024 quarter
- NO EFFECT
Against Peers
In the last 1 year, Global Health Ltd has given 177.1% return, outperforming this stock by 105.9%
NEGATIVE IMPACTRetail Holding Down
Retail Investor have decreased holdings from 3.99% to 3.96% in Mar 2024 quarter
- NEGATIVE IMPACT
FII Holding Down
Foreign Institutions have decreased holdings from 60.69% to 57.33% in Mar 2024 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
Max Healthcare Institute Ltd Valuation
Max Healthcare Institute Ltd in the last 5 years
Lowest (-108.44x)
June 23, 2021
Today (74.90x)
May 2, 2024
Industry (89.85x)
May 2, 2024
Highest (114.93x)
September 16, 2021
Shareholding Pattern
| Investors | Holdings % | Prev. 1 periods | 3M change |
|---|---|---|---|
| Promoter Holdings | 23.75% | 0.00 | |
| Foreign Institutions | 57.33% | 0.00 | |
| Mutual Funds | 12.33% | 0.00 | |
| Retail Investors | 3.96% | 0.00 | |
| Others | 2.63% | 0.00 |
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 ₹813.45
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 ₹827.85.
- Today’s lowest price of Max Healthcare Institute Ltd is ₹805.45.
PE Ratio of Max Healthcare Institute Ltd is 74.9
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 32.95L.
Today’s market capitalisation of Max Healthcare Institute Ltd(MAXHEALTH) is ₹79201.14Cr.
| Max Healthcare Institute Ltd(MAXHEALTH | Price |
|---|---|
52 Week High | ₹910 |
52 Week Low | ₹468.1 |
Max Healthcare Institute Ltd(MAXHEALTH) share price is ₹813.45. It is down -10.61% from its 52 Week High price of ₹910
Max Healthcare Institute Ltd(MAXHEALTH) share price is ₹813.45. It is up 73.78% from its 52 Week Low price of ₹468.1
| Max Healthcare Institute Ltd(MAXHEALTH | Returns |
|---|---|
1 Day Returns | -1.45% |
1 Month Returns | -0.52% |
3 Month Returns | 3.21% |
1 Year Returns | 71.18% |