IndiGo, Max Healthcare may enter Nifty50 in Nifty September rejig; Hero MotoCorp, IndusInd are likely to see exits, says Nuvama
Stocks to Buy Today, June 16, 2025: Sigachi Industries share price, The Ramco Cements share price, and Max Healthcare share price have formed bullish patterns on the daily stock charts
India's healthcare sector is on the cusp of significant transformation, driven by increased public and private investments, policy initiatives, and demographic shifts, believe analysts.
The board of directors of the company recommended a dividend of ₹1.5 per share for the financial year 2024-25
Profit growth driven by higher occupancy, rising Arpob, international patient inflow and new bed additions across Lucknow, Dwarka and BLK Max facilities
Shares of Glenmark, Chambal Fertilisers, Blue Dart, Max Healthcare and CCL Products may trade with a positive bias in the near-term as these stocks are favourably placed on the technical charts.
Company inaugurates 300-bed greenfield hospital in Delhi's Dwarka, aims to invest ₹6,500 cr by FY28
Max Healthcare Institute Ltd will invest Rs 6,000 crore by 2028 to add 3,700 beds across key locations in India, its Chairman and Managing Director Abhay Soi said on Tuesday. Max Healthcare, which operates 22 healthcare facilities with around 5,000 beds currently could have around 30 hospitals by 2028, Soi told PTI. Speaking at the sidelines of the inauguration of Max Super Speciality Hospital, Dwarka, a 300-bed greenfield facility, he said the company will be "reinvesting whatever we generate over the next 10 years to create healthcare assets". "This year alone, we are opening four (hospitals). This (Dwarka) was the first of the four," Soi said. Max Healthcare 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, the company said. "Some existing hospitals will be expanded and s
Leading chains plan a Rs 40K crore infra revival to close capacity gap over next 3-5 years
On March 12, Max Healthcare board approved the proposal to enter into a Long-term Service Agreement with Bharat Prakritik Chikitsa Mission, a society which is setting up a 200-bed hospital in Delhi
According to reports, UBS said that Max Healthcare is well-positioned for earnings growth, with solid foundations in place
Hospital chain to set up 500 bed hospital in Thane on built-to-suit basis, focus on brownfield expansion
Hospital chain's average revenue per occupied bed increases 2% at Rs 76,100
The Nifty MidCap index has gained 3% from its recent low in the last three days. Amid this these 8 stocks have seen key momentum oscillators turn favourable on the daily chart.
The National Company Law Appellate Tribunal (NCLAT) has closed the insolvency proceedings against Jaypee Healthcare after the financial creditors' dues were settled by Max Healthcare. The appellate tribunal's direction to close the Corporate Insolvency Resolution Process (CIRP) against Jaypee Healthcare Ltd (JHL) came after the financial creditor submitted that they had received the amount of Rs 1,035.29 crore as part of the settlement and no claim had survived. "In view of the fact that the entire claim has now been satisfied and the amount deposited has been disbursed, we see no reason to continue the CIRP any further," said the NCLAT order passed on Thursday. CIRP against JHL was initiated by the Allahabad bench of the National Company Law Tribunal (NCLT) on June 14 this year, over a petition filed by its lead creditor JC Flowers Asset Reconstruction Ltd. This was challenged by the Manoj Gaur-led parent group firm Jaypee Infratech Ltd (JAL) before the appellate tribunal ...
Acquisitions, organic growth to improve profit trajectory
At 09:58 AM, with Rs 1.07 trillion market cap, Max Healthcare was trading 4 per cent higher at Rs 1,099.65, as compared to 0.13 per cent gain in the benchmark index.
Stocks to Watch: Indian markets were likely to start on a positive note on Monday, as indicated by GIFT Nifty futures that were at 25,900, around 150 points ahead of Nifty futures' last close.
Max Healthcare is on an expansion spree planning to add 3500 beds in 3 yrs
Move to help Max establish foothold in North India region