Max Healthcare stocks: Buy Max Healthcare Institute, target price Rs 950: Anand Rathi

Anand Rathi has buy call on Max Healthcare Institute with a target price of Rs 950. The current market price of Max Healthcare Institute is Rs 760.35.

Max Healthcare Institute Ltd., incorporated in the year 2001, is a Small Cap company (having a market cap of Rs 73923.66 Crore) operating in Hospitals & Allied Services sector.

Max Healthcare Institute Ltd. key Products/Revenue Segments include HealthCare Services, Drugs & Pharmaceuticals and Other Operating Revenue for the year ending 31-Mar-2023.

Financials
For the quarter ended 31-12-2023, the company reported a Consolidated Total Income of Rs 1380.99 Crore, unchanged .00 % from last quarter Total Income of Rs Crore and unchanged .00 % from last year same quarter Total Income of Rs Crore. Company reported net profit after tax of Rs 289.34 Crore in latest quarter.

Promoter/FII Holdings
Promoters held 23.75 per cent stake in the company as of 31-Mar-2024, while FIIs owned 57.33 per cent, DIIs 14.96 per cent.

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