Higher sales, occupancy to improve profit trajectory of Max Healthcare

Higher sales, occupancy to improve profit trajectory of Max Healthcare

September 25, 2024 / Shopie Claire /



Shares of healthcare services major Max Healthcare Institute gained over 23 per cent since the start of this month and the stock crossed the Rs 1 lakh crore mark on Tuesday. On Wednesday, it closed 989.85 apiece at the NSE.


The gains were cornered on the back of a strong outlook for the sector and aggressive expansion plans for the chain led by acquisitions and organic growth.   


The company recently acquired a 64 per cent equity stake of Jaypee Healthcare (JHL) with an option agreement for the acquisition of the remaining 36 per cent equity stake through cash



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Shopie Claire

As an editor at Vogue US, I specialize in exploring Lifestyle success stories. My passion lies in delivering impactful content that resonates with readers and sparks meaningful conversations.

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