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Company Profile

MAX HEALTHCARE INSTITUTE LTD.

NSE : MAXHEALTHBSE : 543220ISIN CODE : INE027H01010Industry : Hospital & Healthcare ServicesHouse : Max
BSE808.7513.55 (+1.7 % )
PREV CLOSE (Rs.) 795.20
OPEN PRICE (Rs.) 795.20
BID PRICE (QTY) 807.10 (1 )
OFFER PRICE (QTY) 808.20 (29 )
VOLUME 9527
TODAY'S LOW / HIGH (Rs.)783.00 809.00
52 WK LOW / HIGH (Rs.)468 909
NSE807.35 11.2 (+1.41 % )
PREV CLOSE(Rs.) 796.15
OPEN PRICE (Rs.) 792.00
BID PRICE (QTY) 807.35 (7 )
OFFER PRICE (QTY) 807.70 (8 )
VOLUME 420395
TODAY'S LOW / HIGH(Rs.) 782.25 808.90
52 WK LOW / HIGH (Rs.)468.1 910

Company News

Date Heading Details
23-Apr-2024 Max Healthcare Institute acquires additional stake in Sandhya Hydro <p style="text-align: justify;">Max Healthcare Institute has acquired additional 7,76,601 equity shares of Sandhya Hydro Power Projects Balargha (Sandhya Hydro) at par for a consideration of Rs 77,66,010 representing around 3.33% equity stake. Post this investment, the Company holds around 5.51% equity stake in Sandhya Hydro.</p><p style="text-align: justify;">Earlier, the company had received approval from Board of Directors to acquire stake in Sandhya Hydro.&nbsp;</p><p style="text-align: justify;">Max Healthcare Institute offers healthcare services through its various facilities in Delhi and the National Capital Region, and facilities in Mohali and Bathinda.</p>
23-Apr-2024 Max Healthcare Institute gains on acquiring additional stake in Sandhya Hydro <p style="text-align: justify;">Max Healthcare Institute is currently trading at Rs. 763.00, up by 4.40 points or 0.58% from its previous closing of Rs. 758.60 on the BSE.</p><p style="text-align: justify;">The scrip opened at Rs. 768.95 and has touched a high and low of Rs. 769.45 and Rs. 759.50 respectively. So far 11773 shares were traded on the counter.</p><p style="text-align: justify;">The BSE group 'A' stock of face value Rs. 10 has touched a 52 week high of Rs. 909.00 on 13-Feb-2024 and a 52 week low of Rs. 435.10 on 25-Apr-2023.</p><p style="text-align: justify;">Last one week high and low of the scrip stood at Rs. 824.35 and Rs. 748.45 respectively. The current market cap of the company is Rs. 74152.06 crore.</p><p style="text-align: justify;">The promoters holding in the company stood at 23.75%, while Institutions and Non-Institutions held 72.29% and 3.96% respectively.</p><p style="text-align: justify;">Max Healthcare Institute has acquired additional 7,76,601 equity shares of Sandhya Hydro Power Projects Balargha (Sandhya Hydro) at par for a consideration of Rs 77,66,010 representing around 3.33% equity stake. Post this investment, the Company holds around 5.51% equity stake in Sandhya Hydro.</p><p style="text-align: justify;">Earlier, the company had received approval from Board of Directors to acquire stake in Sandhya Hydro.&nbsp;</p><p style="text-align: justify;">Max Healthcare Institute offers healthcare services through its various facilities in Delhi and the National Capital Region, and facilities in Mohali and Bathinda.</p><div style="text-align: justify;"><br></div>
03-Apr-2024 Update On Acquisition Of Land Parcel Allotted Through E-Auction For Setting Up Of 500+ Bedded Hospital In Lucknow Update on acquisition of Land Parcel allotted through e-auction for setting up of 500+ bedded Hospital in Lucknow
19-Mar-2024 Re-Appointment Of Independent Directors The Board has approved re-appointment of Mr. Mahendra Gumanmalji Lodha and Mr. Michael Thomas Neeb as Independent Directors subject to approval of members
18-Mar-2024 Max Healthcare Institute informs about allotment of equity shares <p style="text-align: justify;">Max Healthcare Institute has informed that Nomination &amp; Remuneration Committee (NRC) of the Company in its meeting held today March 18, 2024, has approved the allotment of 54,000 equity shares having face value of ?10 each, fully paid-up, to eligible employees, consequent to the exercise of vested stock options in accordance with Max Healthcare Institute - Employee Stock Option Scheme 2020. Consequent to the above allotment, the paid-up equity share capital of the Company stands increased from 971,85,84,080 to 971,91,24,080 (details attached). In terms of regulation 10(c) of the SEBI (Share Based Employee Benefits and Sweat Equity) Regulations, 2021, the requisite details of equity shares allotted as above are enclosed as Annexure. The NRC meeting commenced at 11.00 am (IST) and concluded at 11.30 am (IST). This disclosure will also be hosted on Company's website viz. www.maxhealthcare.in.</p><p style="text-align: justify;">The above information is a part of company's filings submitted to BSE.</p><div><br></div>
18-Mar-2024 Grant Of Options Under Max Healthcare Institute Limited - Employee Stock Option Scheme 2022 Grant of 2,80,670 options under Max Healthcare Institute Limited - Employee Stock Option Scheme 2022
26-Feb-2024 JSW Infrastructure, PFC and NTPC to see some action today <p style="text-align: justify;"><span style="font-weight: bold;">JSW Infrastructure </span>has received Letter of Award (LoA) from V.O. Chidambaranar Port Authority for Mechanization of North Cargo Berth-III (NCB-III) for Handling Dry Bulk cargo at V.O. Chidambaranar Port on Design, Build, Finance, Operate and Transfer (DBFOT) Basis through PPP basis. The terms and conditions awarded will be as per the draft Concession Agreement and its amendments submitted along with the bid.&nbsp;</p><p style="text-align: justify;"><span style="font-weight: bold;">Power Finance Corporation</span> (PFC) has become the first government firm to collaborate with SACE, an Italian export credit agency, to boost the cooperation between the two countries. PFC is partnering with SACE for an innovative ECA-backed financing facility under its 'Push Strategy' initiative. This proposed partnership will position PFC as the first government-owned entity in India to partner with SACE under this initiative.</p><p style="text-align: justify;">NTPC REL, a step-down subsidiary of <span style="font-weight: bold;">NTPC </span>through its wholly owned subsidiary NTPC Green Energy, has commenced Commercial Operation of first part capacity of 70 MW out of 150 MW Chhattargarh Solar PV Project in Bikaner, Rajasthan with effect from February 21, 2024, consequent upon successful commissioning and due approvals. With this, installed and commercial capacity of NTPC Group has become 73958 MW.</p><p style="text-align: justify;"><span style="font-weight: bold;">Servotech Power Systems </span>(SPSL) has bagged a significant order for nearly 1500 DC fast EV chargers from Hindustan Petroleum Corporation (HPCL) and other EV charger OEMs. The order is valued at Rs 102 crore and involves two charger variants of 60 kW and 120 kW.</p><p style="text-align: justify;"><span style="font-weight: bold;">Advait Infratech</span> (AIL) has signed Memorandum of Understanding (MoU) with Carbon Technology Energy (CTE). This collaboration is poised to revolutionize the fuel cell and electrolyser industry through innovative advancements. The primary focus of collaboration is the development of a prototype fuel cell utilizing carbon-based plates, a departure from the conventional bimetallic or graphite plates. This pioneering initiative has been initiated after thorough discussions and mutual agreement, reflecting the company's shared commitment to harnessing technical expertise for the creation of energy-efficient solutions.</p><p style="text-align: justify;"><span style="font-weight: bold;">Max Healthcare Institute</span> has received approval for acquisition of land parcel allotted through e-auction admeasuring around 21,946 Sq. meter, on freehold basis, located in Lucknow, Uttar Pradesh (Land Parcel) for an amount of around Rs 167 crore (including stamp duty), upon successful bid by the company. The aforesaid Land Parcel has potential to develop around 500 bedded Hospital with a built-up area of 8 lakh Sq. feet.</p><p style="text-align: justify;"><span style="font-weight: bold;">Shakti Pumps (India)</span> has received third work order under the KUSUM-3 scheme from Haryana Renewable Energy Department (HAREDA) for supply, installation and commissioning of solar water pumping systems. The total amount of the work order is for around Rs 84.30 crore (inclusive of GST).</p>
24-Feb-2024 Max Healthcare Institute gets nod for acquisition of land parcel in Lucknow <p style="text-align: justify;">Max Healthcare Institute has received approval for acquisition of land parcel allotted through e-auction admeasuring around 21,946 Sq. meter, on freehold basis, located in Lucknow, Uttar Pradesh (Land Parcel) for an amount of around Rs 167 crore (including stamp duty), upon successful bid by the company. The aforesaid Land Parcel has potential to develop around 500 bedded Hospital with a built-up area of 8 lakh Sq. feet.</p><p style="text-align: justify;">The proposed capacity will be added over the next 10 years in a phased manner. The additional bed capacity will cater to the healthcare needs of communities residing in and around Lucknow region in a fast developing State of Uttar Pradesh. The Board of Directors of the Company, at their meeting held on February 24, 2024, have approved the same.&nbsp;</p><p style="text-align: justify;">Max Healthcare Institute offers healthcare services through its various facilities in Delhi and the National Capital Region, and facilities in Mohali and Bathinda.</p><div style="text-align: justify;"><br></div>
24-Feb-2024 Max Healthcare Institute informs about outcome of board meeting <p style="text-align: justify;">Max Healthcare Institute has informed that the Board of Directors of the Company, at their meeting held today February 24, 2024, have approved the following: a) Acquisition of land parcel allotted through e-auction admeasuring ~ 21,946 Sq. meter, on freehold basis, located in Lucknow, Uttar Pradesh (‘Land Parcel') for an amount of ~ ?167 Crore (including stamp duty), upon successful bid by the Company, b) In-principle approval for expansion of Company's footprint in Lucknow, Uttar Pradesh. The aforesaid Land Parcel has potential to develop ~ 500 bedded Hospital with a built-up area of ~ 8 Lakh Sq. feet. Details pursuant to regulation 30 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015 are enclosed as Annexure. The Board meeting commenced at 11.45 am (IST) and concluded at 12.07 pm (IST). This disclosure will also be hosted on Company's website: www.maxhealthcare.in.</p><p style="text-align: justify;">The above information is a part of company's filings submitted to BSE.</p>
22-Feb-2024 Max Healthcare Institute inches up on completing acquisition of Alexis <p style="text-align: justify;">Max Healthcare Institute is currently trading at Rs. 851.90, up by 0.65 points or 0.08 % from its previous closing of Rs. 851.25 on the BSE.</p><p style="text-align: justify;">The scrip opened at Rs. 853.15 and has touched a high and low of Rs. 855.50 and Rs. 842.75 respectively. So far 6651 shares were traded on the counter.</p><p style="text-align: justify;">The BSE group 'A' stock of face value Rs. 10 has touched a 52 week high of Rs. 909.00 on 13-Feb-2024 and a 52 week low of Rs. 412.00 on 06-Apr-2023.</p><p style="text-align: justify;">Last one week high and low of the scrip stood at Rs. 874.35 and Rs. 838.60 respectively. The current market cap of the company is Rs. 82889.80 crore.</p><p style="text-align: justify;">The promoters holding in the company stood at 23.75%, while Institutions and Non-Institutions held 72.26% and 3.99% respectively.</p><p style="text-align: justify;">Max Healthcare Institute has completed the acquisition of 100% equity stake of Alexis Multi-Speciality Hospital (Alexis) upon acquisition of remaining 0.10% of equity shares. Consequently, Alexis has become a wholly-owned subsidiary of the Company.</p><p style="text-align: justify;">Earlier, the company had acquired 99.90% equity stake in Alexis. The 200 bedded hospital owned &amp; operated by Alexis is a JCI accredited facility located on a land parcel of around 2 acres at Mankapur, North of Nagpur - an upmarket residential and commercial hub. The hospital has G+6 floors and a basement with built up area of around 2.25 Lakh sft and offers multidisciplinary care in the areas of Gastroenterology, Neurosurgery, Cardiology, Transplants, related diagnostic facilities etc. The hospital is equipped with high end bio medical equipment like Varian True Beam LINAC, 128 Slice CT Scan, 3 Tesla MRI, Digital X Ray, ARTIS Q Cath Lab, etc.</p><p style="text-align: justify;">The bed capacity can be expanded to around 340 beds in view of the availability of the FAR for the given land and the strength of the existing structure. Further, the hospital medical program can be further strengthened in the surgical specialties like CTVS, Urology, Oncology &amp; Neurosciences leading to improvement in average revenue per occupied bed (ARPOB) and occupied bed days (OBD). This acquisition further strengthens Max Healthcare's footprint in Western India and will enable provisioning of best in class clinical care to all patients in the region.</p><p style="text-align: justify;">Max Healthcare Institute offers healthcare services through its various facilities in Delhi and the National Capital Region, and facilities in Mohali and Bathinda.</p>