Motilal Oswal Recommends Buying Max Healthcare Institute, Sets Target Price at Rs 1055
Motilal Oswal has recommended buying Max Healthcare Institute Ltd. with a target price of Rs 1055. Currently, the stock is priced at Rs 901.65.
About Max Healthcare Institute:
- Incorporated: 2001
- Market Cap: Rs 89056.33 Crore
- Sector: Hospitals & Allied Services
Key Products and Revenue:
- Healthcare Services
- Drugs & Pharmaceuticals
- Other Operating Revenue (as of March 31, 2023)
Financial Performance (Q1 FY25):
- Total Income: Rs 1577.63 Crore, a 7.46% increase from the previous quarter’s Rs 1468.15 Crore and an 18.95% increase from Rs 1326.31 Crore in the same quarter last year.
- Net Profit: Rs 236.27 Crore
Ownership:
- Promoters: 23.74% (as of June 30, 2024)
- FIIs: 56.99%
- DIIs: 15.36%
Max Healthcare Institute, a small-cap company in the healthcare sector, is showing strong financial growth. Motilal Oswal sees significant potential, setting a target price of Rs 1055.
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