Max Healthcare Institute Ltd. dropped 2.65 per cent to Rs 1040.0 at 02:10PM (IST) in Monday's trade. The scrip hit a high of Rs 1065.6 and low of Rs 1028.05 so far during the session. The stock had closed at Rs 1068.4 in the previous session.
The counter had a total traded volume of 02:10PM shares so far with a turnover of Rs 7.68 crore on BSE. The stock traded at a price-to-earnings multiple of 95.78 and a price-to-book ratio of 9.48.
A higher price-to-earnings ratio shows investors are willing to pay a higher price for per rupee earnings given by the stock because of better future growth expectations.
The price-to-book value indicates the inherent value of a company and is the measure of the price that investors are ready to pay even for no growth in the business.
Max Healthcare Institute Ltd. belongs to the Hospital industry.
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