Page 6 - Max Healthcare

Profitability expectations to drive more gains for Max Healthcare

KKR-owned chain deserves higher valuations due to margins, premium locations, say analysts

Max Healthcare profit after tax up 31% to Rs 70 crore in March quarter

Max Healthcare on Friday reported 31.11 per cent rise in consolidated profit after tax (PAT) at Rs 69.69 crore for the quarter ended March 31, 2021. The company had posted a PAT of Rs 53.15 crore for the corresponding period of the previous fiscal year, Max Healthcare Institute said in a filing to BSE. Revenue from operations stood at Rs 801.86 crore for the quarter under review. It was Rs 247.86 crore in the same period a year ago, it added. For the fiscal year ended March this year, the company posted a loss of Rs 137.55 crore as against a PAT of Rs 58.99 crore in 2019-20, the filing said. Revenue from operations stood at Rs 2,504.67 crore in the last fiscal year. It was Rs 1,059.03 crore in 2019-20, it added. Net debt during the quarter reduced by Rs 1,323 crore to Rs 544 crore on account of net proceeds of QIP and cash flow from operations, Max Healthcare said. "With ample room to scale up existing occupancies and improved international revenue share post abatement of the se

Max Healthcare Institute raises Rs 1,200 crore via QIP issue route

Max Healthcare Institute Ltd (MHC) on Wednesday said it has raised Rs 1,200 crore via issue of securities.

Bull run continues for 3rd day; Sensex ends 254 pts up; IT, metal stks jump

Among sectoral indices, the Nifty Metal index remained the star performer today, closing 1.8 per cent higher, followed closely by the Nifty IT index (up 1.6 per cent).

Analjit Singh, Max Ventures sell Max Healthcare shares worth Rs 516 crore

Singh sold his entire stake of 0.64 per cent stake worth Rs 64.41 crore in Max Healthcare, which, according to Friday's closing price, has a market capitalisation of Rs 11,877 crore

Two promoters of Max Healthcare Institute sell shares worth over Rs 515 cr

Through separate transactions, Wf Asian Reconnaissance Fund and Smallcap World Fund Inc picked up 77 lakh shares and 2.37 crore scrips of Max Healthcare Institute, respectively

Max Healthcare Institute surges 19% after 5.2% equity changes hands on BSE

Around 47 million equity shares of Max Healthcare Institute changed hands on the BSE

Max Healthcare net loss at Rs 355 cr in June quarter due to Covid-19

Gross revenue of the company stood at Rs 610 crore during the quarter under consideration as against Rs 1,059 crore in the same period a year ago

Healthcare industry expects medical tourists to return to India soon

Industry and govt working on SOPs to ensure safe passage and procedure

Max Healthcare gains on stock market debut, hits 5% upper limit

At close, the company is valued at Rs 10,108 crore; firm has been created following demerger of Max India's hospital business and subsequent merger of Radiant Life Care

Max Healthcare freezes at 5% upper circuit, debuts at Rs 112 on the BSE

In June, Max India said that the NCLT had approved the composite scheme of merger and demerger which involved a merger of the healthcare assets of Max India into Max Healthcare

May take Max Healthcare brand out of Delhi-NCR, says CMD Abhay Soi

Max Healthcare, the country's second-largest hospital chain in terms of revenues, is all set for a listing on the bourses this month

Max Healthcare says will become second largest healthcare chain by revenue

Max India completes merger of Radiant Life's hospital assets with self

Max Healthcare plans to spin off diagnostic laboratory, home care biz

Radiant is in the process of demerging its health care business into Max Healthcare

I don't want a Ranbaxy or a Vijay Mallya legacy, says Analjit Singh

He said insurance business is well template, it has attracted and retained professional management at a much higher level than in healthcare

Radiant Life, KKR to take majority stake in Max Healthcare via merger

Newly listed combined entity, with equity valuation of Rs 72.42 bn to be promoted by Abhay Soi, co-promoted by KKR; Max India to demerge non-healthcare biz into a new listed entity

Private equity fund KKR finds ways to boost Max Healthcare's Ebitda

Radiant Life Care to emerge as significant player

How Radiant Life Care catapulted into big league with Max Healthcare deal

With the Max Healthcare deal, Radiant would have access to 14 hospitals led by Max

Life Healthcare to sell entire 49.7% stake in Max Healthcare for $293 mn

Investment firm KKR, through its portfolio company Radiant Life Care Private Limited, will buy more than 266 million shares in Max Healthcare at 80 rupees per share

Licence cancellation: Max moves govt authority, says patients affected

Max Healthcare authorities declined to share details on the appropriate government authority approached by them.