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MAX HEALTHCARE INSTITUTE Gains 5%; BSE HEALTHCARE Index Up 0.5%
Tue, 24 Sep 9:46

MAX HEALTHCARE INSTITUTE Gains 5%; BSE HEALTHCARE Index Up 0.5%Image source: alexsl/www.istockphoto.com

MAX HEALTHCARE INSTITUTE share price has zoomed 5% and is presently trading at Rs 1,103.1.

Meanwhile, the BSE HEALTHCARE index is at 44,465.2 (up 0.5%).

Among the top gainers in the BSE HEALTHCARE index today are ASTRAZENECA PHARMA (up 10.6%) and IPCA Labs (up 1.9%).

Pfizer (down 1.1%) and ALEMBIC PHARMA (down 1.0%) are among the top losers today.

Over the last one year, MAX HEALTHCARE INSTITUTE has moved up from Rs 554.8 to Rs 1,103.1, registering a gain of Rs 548.3 (up 98.8%).

On the other hand, the BSE HEALTHCARE index has moved up from 28,349.9 to 44,465.2, registering a gain of 56.8% during the last 12 months.

The top gainers among the BSE HEALTHCARE index stocks during this same period were Jubilant Pharmova (up 177.9%), SUVEN PHARMACEUTICALS (up 128.7%) and Glenmark Pharma (up 99.7%).

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What About the Benchmark Indices?

The BSE Sensex is at 84,905.5 .

The top losers among the BSE Sensex today are Bajaj Finance (down 1.3%) and Infosys (down 1.2%). The most traded stocks in the BSE Sensex are Tata Steel and Tata Motors.

In the meantime, NSE Nifty is at 25,955.6 (up 0.1%). Tata Steel and JSW Steel are among the top gainers in NSE NIFTY.

Over the last 12 months, the BSE Sensex has moved up from 66,800.8 to 84,905.5, registering a gain of 18,104.7 points (up 27.1%).

MAX HEALTHCARE INSTITUTE Financial Update...

MAX HEALTHCARE INSTITUTE net profit fell 1.6% YoY to Rs 2,363 million for the quarter ended June 2024, compared to a profit of Rs 2,401 million a year ago. Net sales rose 20.1% to Rs 15,430 million during the period as against Rs 12,850 million in April-June 2023.

For the year ended March 2024, MAX HEALTHCARE INSTITUTE reported 4.2% decrease in net profit to Rs 10,576 million compared to net profit of Rs 11,035 million during FY23. Revenue of the company grew 18.5% to Rs 54,060 million during FY24.

The current Price to earnings ratio of MAX HEALTHCARE INSTITUTE, based on rolling 12 month earnings, stands at 101.8.


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