Max Healthcare shares decline 0.55% as Sensex slides

Shares of the Max Healthcare Institute Ltd. traded at Rs 540.75 on BSE at 01:53PM (IST) on Thursday, down 0.55 per cent from previous close.

The scrip quoted a 52-week low price of Rs 306.0 and a high of Rs 564.95.

Earlier, shares of the company saw a gap up opening in the morning.

A total of 42,238 lakh shares changed hands on the counter till 01:53PM (IST).

The stock of Max Healthcare Institute Ltd. commands a market value of Rs 52429.83 crore.

The stock traded at a price-to-earning (P/E) multiple of 47.51, while the price-to-book value ratio stood at 5.78. Return on equity (ROE) was at 14.89 per cent, according to exchange data.

In the BSE500 pack, 346 stocks traded in the green, while 155 stocks were in the red.

Promotor Holding
Promoters held 23.77 per cent in the Max Healthcare Institute Ltd. as of 31-Mar-2023 while foreign and domestic institutional investors owned 51.96 per cent and 19.36 per cent, respectively.