Max Healthcare shares down 0.72% as Sensex rises
Max Healthcare Institute Ltd. fell 0.72 per cent to Rs 857.85 in Friday's session as of 02:09PM (IST) even as the equity benchmark Sensex traded 425.85 points higher at 72476.23.
Earlier in the day, the stock witnessed a gap up start to the session. The stock quoted a 52-week high price of Rs 909.0 and a 52-week low of Rs 412.0 on NSE. Around 32049 shares changed hands on the counter till 02:09PM (IST).
The stock opened at Rs 871.2 and has touched an intraday high and low of Rs 871.2 and Rs 853.0 during the session so far. The stock quoted a price-to-earnings (PE) ratio of 78.88, earnings per share (EPS) of Rs 10.88 and price to book value (PB) of 5.78, while the return on equity (ROE) stood at Rs 14.97.
Promoter/ FII Holding
The promoters held 23.75 per cent stake in the company as of February 16, while FII and MF ownerships stood at 60.69 per cent and 10.62 per cent, respectively.
Key Financials With a market capitalisation of Rs 83377.81 crore, the company operates in the Hospital industry. For the quarter ended 31-Dec-2023, the company reported consolidated sales of Rs 1380.99 crore, down 1.96 per cent from the previous quarter?s Rs 1408.64 crore and down 16.4 per cent from the same quarter a year ago. The company reported net profit of Rs 289.34 crore for the latest quarter, up 30.09 per cent from the corresponding quarter last year.
Technical Indicators The relative strength index (RSI) of the stock stands at 63.24. The RSI oscillates between zero and 100. Traditionally, it is considered overbought
