MAX HEALTHCARE INSTITUTE share price has plunged 3% and is presently trading at Rs 970.0.
Meanwhile, the BSE HEALTHCARE index is at 43,218.1 (up 0.6%).
Among the top losers in the BSE HEALTHCARE index today are Jubilant Pharmova (down 3.0%) and GSK Pharma (down 1.6%).
POLY MEDICURE (up 10.2%) and ALEMBIC PHARMA (up 3.7%) are among the top gainers today.
Over the last one year, MAX HEALTHCARE INSTITUTE has moved up from Rs 604.2 to Rs 970.0, registering a gain of Rs 365.9 (up 60.6%).
On the other hand, the BSE HEALTHCARE index has moved up from 29,757.1 to 43,218.1, registering a gain of 45.2% during the last 12 months.
The top gainers among the BSE HEALTHCARE index stocks during this same period were Jubilant Pharmova (up 157.3%), SUVEN PHARMACEUTICALS (up 117.2%) and Glenmark Pharma (up 92.0%).
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The BSE Sensex is at 79,969.4 (up 1.1%).
The top gainers among the BSE Sensex today are L&T (up 4.0%) and SBI (up 3.6%). The most traded stocks in the BSE Sensex are Power Grid Corp. and Tata Steel.
In the meantime, NSE Nifty is at 24,203.5 (up 1.2%). ONGC and Shriram Transport are among the top gainers in NSE NIFTY.
Over the last 12 months, the BSE Sensex has moved up from 65,930.8 to 79,969.4, registering a gain of 14,038.7 points (up 21.3%).
MAX HEALTHCARE INSTITUTE net profit grew 1.9% YoY to Rs 2,818 million for the quarter ended September 2024, compared to a profit of Rs 2,767 million a year ago. Net sales rose 25.3% to Rs 17,075 million during the period as against Rs 13,632 million in July-September 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 89.0.
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