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10-05-2021 12:59 PM | Source: Accord Fintech
Max Healthcare Institute gains on planning to set up two new hospitals in Gurugram
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Max Healthcare Institute is currently trading at Rs. 353.95, up by 1.00 points or 0.28% from its previous closing of Rs. 352.95 on the BSE.

The scrip opened at Rs. 352.95 and has touched a high and low of Rs. 358.90 and Rs. 351.95 respectively. So far 23148 shares were traded on the counter.

The BSE group 'B' stock of face value Rs. 10 has touched a 52 week high of Rs. 472.60 on 16-Sep-2021 and a 52 week low of Rs. 102.50 on 29-Oct-2020.

Last one week high and low of the scrip stood at Rs. 368.50 and Rs. 345.35 respectively. The current market cap of the company is Rs. 34088.20 crore.

The promoters holding in the company stood at 70.46%, while Institutions and Non-Institutions held 22.00% and 7.54% respectively.

Max Healthcare Institute (MHIL) is further fortifying its presence and expanding its bed capacity in NCR region by addition of two new hospitals of around 500 beds each in Gurugram. This will significantly ramp up its existing footprint in NCR region and help serve the healthcare needs of ever-expanding communities in Gurugram.The hospitals, once operational, will also cater to economically weaker section of the society at concessional rates.

Two land parcels measuring 6.11 acres and 5.26 acres are being allotted by HSVP (Haryana Shahri Vikas Pradhikaran) post successful bid by the company in a recent HUDA auction and are located in the heart of Gurugram abutting well populated areas of Sectors 53 on the Golf Course Road and Sector 56 just minutes away from the other location.

Max Healthcare Institute offers healthcare services through its various facilities in Delhi and the National Capital Region, and facilities in Mohali and Bathinda.