Max Healthcare Institute Ltd. fell 1.72 per cent to Rs 754.75 in Monday's trade as of 02:09PM (IST) even as the benchmark Nifty ruled at 22416.25, up 37.85 points.
The scrip had closed at Rs 768.0 in the previous session. The stock quoted a 52-week low of Rs 412.0 and a high of Rs 909.0. The company quoted a market-cap of Rs 73290.26 crore on the BSE.
On BSE, 2,560,703 shares have changed hands on the counter so far. At its prevailing price, the stock traded at 69.34 times its trailing 12-month EPS of Rs 10.88 per share and 5.78 times its book value. The return on equity (ROE) stood at Rs 14.97.
Key Financials For the quarter ended 31-Dec-2023, Max Healthcare Institute Ltd. reported consolidated sales of Rs 1380.99 crore, down 16.4 per cent from the same quarter a year ago. The company reported 30.09 per cent YoY growth in net profit at Rs 289.34 crore for the latest quarter.
Technical indicators The relative strength index (RSI) of the stock stood at Monday. The RSI oscillates between zero and 100. Traditionally, it is considered overbought condition when the RSI value is above 70 and oversold when it is below 30.
Analysts say the RSI indicator should not be seen in isolation, as it may not be sufficient to take a trading call, just the way a fundamental analyst cannot give a «buy» or «sell» recommendation using a single valuation ratio.