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MAX HEALTHCARE INSTITUTE Plunges 4%; BSE HEALTHCARE Index Down 1.4%
Wed, 26 Mar 15:32

MAX HEALTHCARE INSTITUTE Plunges 4%; BSE HEALTHCARE Index Down 1.4%Image source: peterschreiber.media/www.istockphoto.com

MAX HEALTHCARE INSTITUTE share price has plunged 4% and is presently trading at Rs 1,122.8.

Meanwhile, the BSE HEALTHCARE index is at 41,426.2 (down 1.4%).

Among the top losers in the BSE HEALTHCARE index today are FDC (down 5.5%) and KIMS (down 4.1%).

SYNGENE INTERNATIONAL (up 0.9%) is among the top gainers today.

Over the last one year, MAX HEALTHCARE INSTITUTE has moved up from Rs 775.8 to Rs 1,122.8, registering a gain of Rs 347.0 (up 44.7%).

On the other hand, the BSE HEALTHCARE index has moved up from 34,561.1 to 41,426.2, registering a gain of 19.9% during the last 12 months.

The top gainers among the BSE HEALTHCARE index stocks during this same period were SUVEN PHARMACEUTICALS (up 77.8%), Divis Laboratories (up 72.0%) and ASTRAZENECA PHARMA (up 65.8%).

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What About the Benchmark Indices?

The BSE Sensex is at 77,287.0 (down 0.9%).

The top losers among the BSE Sensex today are NTPC (down 3.6%) and ZOMATO (down 3.1%). The most traded stocks in the BSE Sensex are ZOMATO and NTPC.

In the meantime, NSE Nifty is at 23,464.3 (down 0.9%). NTPC and Tech Mahindra are among the top losers in NSE NIFTY.

Over the last 12 months, the BSE Sensex has moved up from 72,470.3 to 77,287.0, registering a gain of 4,816.7 points (up 6.6%).

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 108.2.


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