Share price of Max Healthcare jumps as Sensex gains 2223.22 points
A total of 91,835 shares changed hands on the counter till 01:44PM (IST)
Share price of Ltd. gained 2.6 per cent to Rs 771.8 at 01:44PM (IST) in Monday's trade. The counter hit a high of Rs 776.95 and low of Rs 747.35 so far during the session. The stock had closed at Rs 752.2 in the previous session.The counter had a total traded volume of 01:44PM shares so far with a turnover of Rs 7.0 crore on . The stock traded at a price-to-earnings multiple of 70.5 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.
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 FIIs and domestic institutional investors ownership stood at 57.33 per cent and 14.96 per cent, respectively.
Key Financials
The firm reported consolidated net 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
