Max Healthcare Institute gains on completing acquisition of controlling stake in Kalinga Hospital
Max Healthcare Institute is currently trading at Rs. 1078.90, up by 20.35 points or 1.92% from its previous closing of Rs. 1058.55 on the BSE.
The scrip opened at Rs. 1061.00 and has touched a high and low of Rs. 1,080.00 and Rs. 1054.55 respectively. So far 15882 shares were traded on the counter.
The BSE group 'A' stock of face value Rs. 10 has touched a 52 week high of Rs. 1314.30 on 04-Jul-2025 and a 52 week low of Rs. 903.50 on 07-Apr-2026.
Last one week high and low of the scrip stood at Rs. 1,080.00 and Rs. 940.00 respectively. The current market cap of the company is Rs. 104020.30 crore.
The promoters holding in the company stood at 23.71%, while Institutions and Non-Institutions held 71.71% and 4.57% respectively.
Max Healthcare Institute has completed the acquisition of controlling stake of around 58.28% in Kalinga Hospital (KHL) for an aggregate consideration of around Rs 297.97 crore. Consequently, KHL has become a subsidiary of the company. KHL operates a 250 bedded Multi-Specialty Hospital by the name of ‘Kalinga Hospital’ in Bhubaneswar, Odisha.
Earlier on April 8, 2026, the board of the directors of the company had approved to enter into share purchase agreement for acquisition of controlling stake (around 58.39%) in KHL.
Max Healthcare Institute offers healthcare services through its various facilities in Delhi and the National Capital Region, and facilities in Mohali and Bathinda.
