Share price of Max Healthcare falls as Sensex drops 314.15 points
A total of 5,122 shares changed hands on the counter till 11:16AM (IST)
Share price of Ltd. dropped 0.29 per cent to Rs 914.8 at 11:16AM (IST) in Friday's trade. The scrip hit a high of Rs 924.6 and low of Rs 909.75 so far during the session. The stock had closed at Rs 917.55 in the previous session.The counter had a total traded volume of 11:16AM shares so far with a turnover of Rs 0.48 crore on . The stock traded at a price-to-earnings multiple of 84.3 and a price-to-book ratio of 9.48.
A higher P/E 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.
Ltd. belongs to the Hospital industry.
Promotor/FII Holding
Promoters held 23.75 per cent stake in the company as of 31-Mar-2024, while overseas investors and domestic institutional investors ownership stood at 57.33 per cent and 14.96 per cent, respectively.
Key Financials
The firm reported consolidated sales of Rs 1468.15 crore for the quarter ended 31-Mar-2024, 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's Rs 1254.73 crore.
Its profit for the latest quarter stood at Rs 251.54 crore, up 0.25 per cent from the same quarter a year ago.
Source: Stocks-Markets-Economic Times
