A total of 30,573 shares changed hands on the counter till 12:53PM (IST)

Max Healthcare shares down 0.28% as Sensex rises

Max Healthcare Institute Ltd., incorporated in the year 2001, is a Small Cap company (having a market cap of Rs 84143.32 Crore) operating in Hospitals & Allied Services sector.

Buy Max Healthcare Institute, target price Rs 975: Prabhudas Lilladher

Max Healthcare Institute Ltd., incorporated in the year 2001, is a Small Cap company (having a market cap of Rs 89056.33 Crore) operating in Hospitals & Allied Services sector.

Buy Max Healthcare Institute, target price Rs 1055: Motilal Oswal

Max Healthcare Institute consolidated net profit declines 1.59% in the June 2024 quarter

Max Healthcare Q1 Post Strategy: कंपनी के नतीजों पर मैनेजमेंट से चर्चा,कहां और कितना बिजनेस Expand?

Board of Max Healthcare Institute approves loan to Muthoot Hospitals

Max to invest Rs 230 crore to set up 250 bed hospital in Mohali

Max Healthcare Q1 results: Net profit drops 1.6%, revenue up by 20%

Max Healthcare Institute on Thursday said its profit after tax rose marginally to Rs 295 crore for the first quarter ended June 30, 2024.

Max Healthcare Q1 results: Net profit increases marginally to Rs 295 cr

In comparison to the same quarter last year, the hospital chain reported a substantial 18% growth in gross revenue, totalling Rs 2,028 crore. This increase was primarily fuelled by a 7% rise in average revenue per occupied bed (ARPOB), reaching Rs 77,100 in Q1FY25. The company attributed the higher ARPOB to growth in oncology and general surgery, coupled with price adjustments in self-pay, insurance, and institutional segments. Notably, the net profit for the corresponding quarter in the previous year was Rs 291 crore.

Max Healthcare Q1 Results: PAT rises marginally to Rs 295 crore

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The Relative Strength Index of the stock stood at 61.29 on Friday.

Max Healthcare shares rise 3.3 per cent in Friday’s trading session

Hasn't fared well - amongst the low performers

Performance

Seems to be overvalued vs the market average

Valuation

Lagging behind the market in financials growth

Growth

Showing good signs of profitability & efficiency

Profitability

The stock is overpriced but is not in the overbought zone

Current price is more than the intrinsic value

Fundamentals

Good time to consider, stock is not in the overbought zone

Technicals

Entry point

Promoter pledged holding

Unsolicited messages

Default probability

Red flags

Max Healthcare is provider of home health care services including  Patient Care, Healthcare Services, and Hospitals.