Share price of Max Healthcare jumps as Sensex gains 278.38 points

Share price of Max Healthcare Institute Ltd. gained 0.8 per cent to Rs 872.7 at 01:30PM (IST) in Friday's trade. The scrip hit a high of Rs 872.7 and low of Rs 858.55 so far during the session. The stock had closed at Rs 865.75 in the previous session.

The counter had a total traded volume of 01:30PM shares so far with a turnover of Rs 1.02 crore on BSE. The stock traded at a price-to-earnings multiple of 80.3 and a price-to-book ratio of 9.48.

A higher P/E ratio shows investors are willing to pay a higher price for per rupee earnings given by the stock because of better future growth expectations.


The price-to-book value indicates the inherent value of a company and is the measure of the price that investors are ready to pay even for no growth in the business.

Max Healthcare Institute Ltd. belongs to the Hospital industry.

Promotor/FII Holding
Promoters held 23.74 per cent stake in the company as of 30-Jun-2024, while overseas investors and domestic institutional investors ownership stood at 56.99 per cent and 15.36 per cent, respectively.

Key Financials
The company reported consolidated net sales of Rs 1577.63 crore for the quarter ended 30-Jun-2024, up 7.46 per cent from the previous quarter's Rs 1468.15 crore and up 18.95 per cent from the year-ago quarter's Rs 1326.31 crore.

Its profit for the latest quarter stood at Rs 236.27 crore, down 1.59 per cent from the same quarter a year ago.