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MAX HEALTHCARE INSTITUTE Gains 5%; BSE HEALTHCARE Index Up 0.7%
Wed, 19 Mar 11:32

MAX HEALTHCARE INSTITUTE Gains 5%; BSE HEALTHCARE Index Up 0.7%Image source: Sakorn BernardaSv/www.istockphoto.com

MAX HEALTHCARE INSTITUTE share price has zoomed 5% and is presently trading at Rs 1,069.0.

Meanwhile, the BSE HEALTHCARE index is at 40,778.8 (up 0.7%).

Among the top gainers in the BSE HEALTHCARE index today are SUN PHARMA ADV. RES. (up 3.1%) and Natco Pharma (up 2.8%).

SUVEN PHARMACEUTICALS (down 1.7%) and Sun Pharma (down 1.0%) are among the top losers today.

Over the last one year, MAX HEALTHCARE INSTITUTE has moved up from Rs 730.7 to Rs 1,069.0, registering a gain of Rs 338.3 (up 46.3%).

On the other hand, the BSE HEALTHCARE index has moved up from 34,209.5 to 40,778.8, registering a gain of 19.2% during the last 12 months.

The top gainers among the BSE HEALTHCARE index stocks during this same period were SUVEN PHARMACEUTICALS (up 80.0%), Divis Laboratories (up 66.7%) and Jubilant Pharmova (up 56.9%).

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What About the Benchmark Indices?

The BSE Sensex is at 75,416.8 (up 0.2%).

The top gainers among the BSE Sensex today are ZOMATO (up 3.2%) and Tata Steel (up 2.2%). The most traded stocks in the BSE Sensex are ITC and ZOMATO.

In the meantime, NSE Nifty is at 22,891.0 (up 0.3%). Shriram Transport and Tata Steel are among the top gainers in NSE NIFTY.

Over the last 12 months, the BSE Sensex has moved up from 72,748.4 to 75,416.8, registering a gain of 2,668.4 points (up 3.7%).

MAX HEALTHCARE INSTITUTE Financial Update...

MAX HEALTHCARE INSTITUTE net profit fell 17.5% YoY to Rs 2,388 million for the quarter ended December 2024, compared to a profit of Rs 2,893 million a year ago. Net sales rose 40.0% to Rs 18,683 million during the period as against Rs 13,350 million in October-December 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 103.1.


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