{"id":6922,"date":"2023-10-20T07:41:10","date_gmt":"2023-10-20T07:41:10","guid":{"rendered":"https:\/\/demo5.dedicatedhost247.com\/zexo\/max-healthcare-shares-down-0-17-as-nifty-falls\/"},"modified":"2023-10-20T07:41:10","modified_gmt":"2023-10-20T07:41:10","slug":"max-healthcare-shares-down-0-17-as-nifty-falls","status":"publish","type":"post","link":"https:\/\/demo5.dedicatedhost247.com\/zexo\/max-healthcare-shares-down-0-17-as-nifty-falls\/","title":{"rendered":"Max Healthcare shares  down  0.17% as Nifty  falls"},"content":{"rendered":"<p> <br \/>\n<br \/><\/p>\n<div data-brcount=\"18\">Shares of <a href=\"https:\/\/economictimes.indiatimes.com\/max-healthcare-institute\/stocks\/companyid-14582.cms\" data-ga-onclick=\"Inarticle articleshow link click#Markets#href\" target=\"_blank\" rel=\"noopener\">Max Healthcare Institute<\/a> Ltd. rose 0.17 per cent to Rs 579.0 in Friday&#8217;s trade. It hit an intraday high of Rs 587.4 and low of Rs 571.0, respectively, during the day. <\/p>\n<p>The stock quoted a 52-week high price of Rs 630.0 and low of Rs 388.85. <\/p>\n<p> As of 12:58PM (IST), the counter saw total traded volume of 11,951 shares with a traded value of Rs 0.69 crore, according to <a data-ga-onclick=\"Inarticle articleshow link click#Markets#href\" target=\"_blank\" href=\"https:\/\/economictimes.indiatimes.com\/marketstats\/pid-40,exchange-nse,sortby-value,sortorder-desc.cms\" rel=\"noopener\">NSE<\/a>. <\/p>\n<p>The stock had closed at Rs 580.0 in the previous session. <\/p>\n<p>The scrip has advanced 4.37 per cent in the past one month till date, while the benchmark BSE <a data-ga-onclick=\"Inarticle articleshow link click#Markets#href\" target=\"_blank\" href=\"https:\/\/economictimes.indiatimes.com\/indices\/sensex_30_companies\" rel=\"noopener\">Sensex<\/a> has slipped -2.73 per cent during the same period. <\/p>\n<p> According to exchange data, the stock traded at a price-to-earnings (P\/E) multiple of 48.02 while price-to-book ratio stood at 5.78. A higher P\/E ratio shows that 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 it reflects the price investors are ready to pay even for no growth in a business. <\/p>\n<p> The stock belongs to the Hospital industry.  <b> Promoter\/FII Holding <br \/><\/b> Promoters held 23.76 per cent stake in the company as of 30-Sep-2023, while FII and MF ownership in the firm stood at 60.38 per cent and 10.55 per cent, respectively. <\/p>\n<p><b> Key Financials <br \/><\/b> The company reported consolidated sales of Rs 1326.31 crore for the quarter ended 30-Jun-2023, up 5.7 per cent from the previous quarter&#8217;s Rs 1254.73 crore and up 20.82 per cent from the year-ago quarter&#8217;s Rs 1097.78 crore. Its net profit for the latest quarter stood at Rs 240.08 crore, up 38.91 per cent from the same quarter a year ago.<\/p>\n<\/div>\n<div>(What&#8217;s moving <a href=\"https:\/\/economictimes.indiatimes.com\/indices\/sensex_30_companies\">Sensex<\/a> and  <a href=\"https:\/\/economictimes.indiatimes.com\/indices\/nifty_50_companies\">Nifty<\/a>  Track  <a href=\"https:\/\/economictimes.indiatimes.com\/markets\/stocks\">latest market news<\/a>,  <a href=\"https:\/\/economictimes.indiatimes.com\/markets\/stocks\/recos\">stock tips<\/a> and  <a href=\"https:\/\/economictimes.indiatimes.com\/markets\/expert-view\">expert advice<\/a> on  <a href=\"https:\/\/economictimes.indiatimes.com\/markets\">ETMarkets<\/a>.  Also, ETMarkets.com is now on Telegram. For fastest news alerts on financial markets, investment strategies and stocks alerts, <a rel=\"nofollow noopener\" href=\"https:\/\/t.me\/joinchat\/J60pKE7SOStsj5sI8nDmHQ\" target=\"_blank\">subscribe to our Telegram feeds<\/a>.) <\/p>\n<p>Download <a rel=\"nofollow noopener\" href=\"https:\/\/etapp.onelink.me\/tOvY\/feefac97\" target=\"_blank\">The Economic Times News App<\/a> to get Daily Market Updates &amp; Live Business News.<\/p>\n<p> Top Trending Stocks: <a href=\"https:\/\/economictimes.indiatimes.com\/markets\/stocks\/live-blog\/bse-sensex-today-live-nifty-stock-market-updates-17-october-2023\/liveblog\/104481665.cms\">Sensex Today Live<\/a>, <a href=\"https:\/\/economictimes.indiatimes.com\/state-bank-of-india\/stocks\/companyid-11984.cms\">SBI Share Price<\/a>, <a href=\"https:\/\/economictimes.indiatimes.com\/axis-bank-ltd\/stocks\/companyid-9175.cms\">Axis Bank Share Price<\/a>, <a href=\"https:\/\/economictimes.indiatimes.com\/hdfc-bank-ltd\/stocks\/companyid-9195.cms\">HDFC Bank Share Price<\/a>, <a href=\"https:\/\/economictimes.indiatimes.com\/infosys-ltd\/stocks\/companyid-10960.cms\">Infosys Share Price<\/a>, <a href=\"https:\/\/economictimes.indiatimes.com\/wipro-ltd\/stocks\/companyid-12799.cms\">Wipro Share Price<\/a>, <a href=\"https:\/\/economictimes.indiatimes.com\/ntpc-ltd\/stocks\/companyid-12316.cms\">NTPC Share Price<\/a><\/div>\n\n","protected":false},"excerpt":{"rendered":"<p>Shares of Max Healthcare Institute Ltd. rose 0.17 per cent to Rs 579.0 in Friday&#8217;s trade. It hit an intraday high of Rs 587.4 and low of Rs 571.0, respectively, during the day. The stock quoted a 52-week high price of Rs 630.0 and low of Rs 388.85. As of 12:58PM (IST), the counter saw [&hellip;]<\/p>\n","protected":false},"author":1,"featured_media":6923,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"spay_email":""},"categories":[50],"tags":[544,703,2139,3408,10464,10465,10466,10467,281,542,546,571,698],"jetpack_featured_media_url":"https:\/\/img.etimg.com\/thumb\/msid-77646325,width-1200,height-630,imgsize-71505,overlay-etmarkets\/photo.jpg","_links":{"self":[{"href":"https:\/\/demo5.dedicatedhost247.com\/zexo\/wp-json\/wp\/v2\/posts\/6922"}],"collection":[{"href":"https:\/\/demo5.dedicatedhost247.com\/zexo\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/demo5.dedicatedhost247.com\/zexo\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/demo5.dedicatedhost247.com\/zexo\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/demo5.dedicatedhost247.com\/zexo\/wp-json\/wp\/v2\/comments?post=6922"}],"version-history":[{"count":0,"href":"https:\/\/demo5.dedicatedhost247.com\/zexo\/wp-json\/wp\/v2\/posts\/6922\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/demo5.dedicatedhost247.com\/zexo\/wp-json\/wp\/v2\/media\/6923"}],"wp:attachment":[{"href":"https:\/\/demo5.dedicatedhost247.com\/zexo\/wp-json\/wp\/v2\/media?parent=6922"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/demo5.dedicatedhost247.com\/zexo\/wp-json\/wp\/v2\/categories?post=6922"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/demo5.dedicatedhost247.com\/zexo\/wp-json\/wp\/v2\/tags?post=6922"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}