Max Healthcare shares gain 1.38% as Sensex rises

economictimes.indiatimes.com:

Max Healthcare Institute Ltd. traded 1.38 per cent higher in Thursday's session at 12:07PM (IST). The stock opened at Rs 827.95 and has touched an intraday high and low of Rs 837.0 and Rs 812.05, respectively, during the session so far.
The stock quoted a 52-week high of Rs 909.0 and a 52-week low of 505.35. About 15,748 shares changed hands on the counter so far.

Benchmark Nifty50 was up 119.21 points at 22739.55, while the BSE Sensex traded 441.62 points higher at 74823.86 at the time of writing of this report.
In the Nifty pack, 33 stocks traded the day in the green, while 17 were in the red.

Key Financials For the quarter ended 31-Mar-2024, the company reported consolidated sales of Rs 1468.15 crore, up 6.31 per cent from the previous quarter's Rs 1380.99 crore and up 17.01 per cent from the year-ago quarter. The company reported net profit of Rs 251.54 crore for the latest quarter.
Promoter Holdings Promoters held 23.75 per cent stake in the company as of 31-Mar-2024, while FIIs held 57.33 per cent and MFs 12.33 per cent.
Technicals On the technical charts, the 200-Day Moving Average (DMA) of the stock stood at Rs 703.92 on June 06, while the 50-DMA was at Rs 809.14. If a stock trades above 50-DMA and 200-DMA, it usually means the immediate trend is upward. On the other hand, if the stock trades well below 50-DMA and 200-DMA both, it is considered as bearish trend and if trades between these averages, then it suggests the stock can go either way.