HDFC AMC shares decline 0.54% as Sensex climbs

Share price of Max Healthcare falls as Sensex gains 252.34 points

Byaea2ede5_admin

Share price of 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.
Growfast

Promotor/FII Holding
Promoters held 23.74 per cent stake in the company as of 30-Jun-2024, while FIIs and domestic institutional investors ownership stood at 56.99 per cent and 15.36 per cent, respectively.

Key Financials
The company reported consolidated sales of Rs 1577.63 crore for the quarter ended 30-Jun-2024, up 7.46 per cent from the previous quarter’s Rs 1468.15 crore and up 18.95 per cent from the year-ago quarter’s Rs 1326.31 crore.

Its profit for the latest quarter stood at Rs 236.27 crore, down 1.59 per cent from the same quarter a year ago.



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