3 stories mentioning NSE:MAXHEALTHUpdated just now
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Max Healthcare Institute's (NSE:MAXHEALTH, BOM:543220) board approved an additional investment of about 878.7 million Indian rupees in subsidiary Kalinga Hospital.The investment will be made through subscription of Kalinga Hospital shares on a rights basis and is expected to be completed within 15 days, according to a Thursday filing on Indian bourses.Shares of the company fell nearly 1% in recent trade.
Max Healthcare Institute (NSE:MAXHEALTH, BOM:543220) has an average rating of overweight and mean price target of 1,161.73 Indian rupees, according to analysts polled by FactSet.(covers equity, commodity and economic research from major banks and research firms in North America, Asia and Europe. Research providers may contact us here: https://finwires.com/en/contact)
Max Healthcare Institute's (NSE:MAXHEALTH, BOM:543220) consolidated profit climbed to 3.42 billion Indian rupees in the fiscal fourth quarter ended March 31, from 3.19 billion rupees a year ago.Earnings per share were up at 3.50 rupees from 3.26 rupees a year earlier, the hospital chain operator said in a filing to the Indian stock exchanges on Thursday. The EPS was lower than the 4.27 estimated by the analysts polled by Visible Alpha.Revenue from operations in fiscal Q4 increased to 21.4 billion rupees from 19.1 billion rupees a year ago. This was also lower than Visible Alpha's estimate of 26.9 billion rupees.The company's board recommended a final dividend of 2 rupees per equity share of face value of 10 rupees each for the financial year 2025-26.
