Max Healthcare shares up 0.04% as Sensex falls
A total of 10,452 shares changed hands on the counter till 10:55AM (IST)
Shares of Ltd. gained 0.04 per cent to Rs 819.0 in Thursday's session as of 10:55AM (IST) even as the equity benchmark traded 357.13 points lower at 73519.69.Earlier in the day, the stock witnessed a gap up start to the session. The stock quoted a 52-week high price of Rs 909.0 and a 52-week low of Rs 412.0 on . Around 10452 shares changed hands on the counter till 10:55AM (IST).
The stock opened at Rs 820.05 and has touched an intraday high and low of Rs 830.4 and Rs 814.45 during the session so far. The stock quoted a price-to-earnings (PE) ratio of 75.94, earnings per share (EPS) of Rs 10.88 and price to book value (PB) of 5.78, while the return on equity (ROE) stood at Rs 14.97.
Promoter/ FII Holding
The promoters held 23.75 per cent stake in the company as of April 04, while FII and MF ownerships stood at 60.69 per cent and 10.62 per cent, respectively.
Key Financials
With a market capitalisation of Rs 80267.97 crore, the company operates in the Hospital industry. For the quarter ended 31-Dec-2023, the company reported consolidated sales of Rs 1380.99 crore, down 1.96 per cent from the previous quarter?s Rs 1408.64 crore and down 16.4 per cent from the same quarter a year ago. The company reported net profit of Rs 289.34 crore for the latest quarter, up 30.09 per cent from the corresponding quarter last year.
Technical Indicators
The relative strength index (RSI) of the stock stands at 58.98. The RSI oscillates between zero and 100. Traditionally, it is considered overbought condition when the RSI value is above 70 and oversold condition 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.
Source: Stocks-Markets-Economic Times
