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MAX HEALTHCARE INSTITUTE Gains 5%; BSE HEALTHCARE Index Up 0.3%
Wed, 12 Jun 10:22

MAX HEALTHCARE INSTITUTE share price has zoomed 5% and is presently trading at Rs 843.3.

Meanwhile, the BSE HEALTHCARE index is at 36,625.3 (up 0.3%).

Among the top gainers in the BSE HEALTHCARE index today are ERIS LIFESCIENCES (up 1.9%) and SUN PHARMA ADV. RES. (up 1.4%).

METROPOLIS HEALTHCARE (down 2.1%) and GSK Pharma (down 1.3%) are among the top losers today.

Over the last one year, MAX HEALTHCARE INSTITUTE has moved up from Rs 565.8 to Rs 843.3, registering a gain of Rs 277.6 (up 49.1%).

On the other hand, the BSE HEALTHCARE index has moved up from 24,190.1 to 36,625.3, registering a gain of 51.4% during the last 12 months.

The top gainers among the BSE HEALTHCARE index stocks during this same period were Cadila Healthcare (up 112.1%), Jubilant Pharmova (up 105.5%) and GLAND PHARMA (up 97.3%).

Dear Reader: If You Invest in Midcap Stocks, this is for You

What About the Benchmark Indices?

The BSE Sensex is at 76,942.3 (up 0.6%).

The top gainers among the BSE Sensex today are Tata Motors (up 1.4%) and HCl Tech. (up 1.4%). The most traded stocks in the BSE Sensex are Tata Steel and Tata Motors.

In the meantime, NSE Nifty is at 23,388.5 (up 0.5%). Coal India and BPCL are among the top gainers in NSE NIFTY.

Over the last 12 months, the BSE Sensex has moved up from 62,724.7 to 76,942.3, registering a gain of 14,217.6 points (up 22.7%).

MAX HEALTHCARE INSTITUTE Financial Update...

MAX HEALTHCARE INSTITUTE net profit grew 0.2% YoY to Rs 2,515 million for the quarter ended March 2024, compared to a profit of Rs 2,509 million a year ago. Net sales rose 17.2% to Rs 14,229 million during the period as against Rs 12,145 million in January-March 2023.

For the year ended March 2023, MAX HEALTHCARE INSTITUTE reported 82.4% increase in net profit to Rs 11,035 million compared to net profit of Rs 6,051 million during FY22. Revenue of the company grew 15.9% to Rs 45,626 million during FY23.

The current Price to earnings ratio of MAX HEALTHCARE INSTITUTE, based on rolling 12 month earnings, stands at 77.5.


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