Max Healthcare Institute gains on planning to invest Rs 6,000 crore by 2028
Max Healthcare Institute is currently trading at Rs. 1112.70, up by 5.40 points or 0.49% from its previous closing of Rs. 1107.30 on the BSE.
The scrip opened at Rs. 1129.45 and has touched a high and low of Rs. 1129.45 and Rs. 1097.00 respectively. So far 3856 shares were traded on the counter.
The BSE group 'A' stock of face value Rs. 10 has touched a 52 week high of Rs. 1227.50 on 08-Jan-2025 and a 52 week low of Rs. 743.00 on 31-May-2024.
Last one week high and low of the scrip stood at Rs. 1134.05 and Rs. 1059.05 respectively. The current market cap of the company is Rs. 108651.46 crore.
The promoters holding in the company stood at 23.74%, while Institutions and Non-Institutions held 72.32% and 3.94% respectively.
Max Healthcare Institute is planning to invest Rs 6,000 crore by 2028 to add 3,700 beds across key locations in India. Max Healthcare, which operates 22 healthcare facilities with around 5,000 beds currently could have around 30 hospitals by 2028,
This year alone, the company is opening four hospitals. Dwarka was the first of the four. It plans to inaugurate three other hospitals in Mohali, Mumbai, and Saket, New Delhi later this year. The inauguration of the Dwarka hospital is a strategic step in Max Healthcare's broader expansion plan to add 3,700 beds across key locations in India by 2028.
Max Healthcare Institute offers healthcare services through its various facilities in Delhi and the National Capital Region, and facilities in Mohali and Bathinda.
