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HomeSTOCKS₹1000 Share Target For This Healthcare Share; Expert Said "Buy"; Long Term...

₹1000 Share Target For This Healthcare Share; Expert Said “Buy”; Long Term Share

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Max Healthcare Institute Ltd (NSE: MAXHEALTH): Trading on the stock market started with a strong start on Friday. Following the gap-up the market took off on an upward move. Friday Nifty began trading at the level of 21,813 and, while maintaining the gap-up and a new high of 21,963.

Despite this tendency on the markets, there was some selling within the stocks of Max Healthcare Institute Ltd and the stock fell by 5 percent right following when the market opened for market over counter. 

The volume in this stock fell and was able to move sideways. The shares of Max Health Care were trading at 762.80 in decline of 5 percent.

Despite this, the brokerage firm Motilal Oswal retained its buy rating for this stock. In advising buyers to buy Max Healthcare Institute, he set the target at 1000 rupees. 

Based on the broker’s estimates, the stock could climb by 22 percent over its current level.

Despite friday’s decline, the stock has provided dividends of up to 13 percent to investors over the past month. 

In the last six months, the stock has earned gains of more than 34 percent for its investors.

Market Capitalization of Max Healthcare Institute Limited is the amount of ₹ 74,483 cr. This is regarded as an ideal choice for investors looking to invest in the long run.

Max Healthcare Institute Limited, established in 2001 was a small-cap business that operates as a hospital operator and related services sector.

Promoter/FII Holding

Promoters owned 23.75 percent of the firm as of 31 December 2023. Foreign investors and institutional investors from the US held 60.69 percent as well as 11.55 percent, respectively.

Max Healthcare reported consolidated net sales of the sum of 1380.99 crore in the period ending 31 December 2023. 

This was which is down 1.96 percent from 1408.64 crores in the previous quarter, and lower by 16.4 percent from 1186.39 crores reported in the previous quarter.

About Max Healthcare Institute Ltd

Max Healthcare Institute Limited is an Indian-based company in the field of healthcare. 

It offers healthcare services through primary health clinics, multi-specialty hospitals or medical centers, and super-specialty hospitals. 

It offers treatment for cancer/oncology, endocrinology and cardiology, diabetes, eye care/ophthalmology, liver disease and endoscopy, gastroenterology, minimal access surgery using laparoscopic techniques, liver transplantation and neurosciences, biliary sciences and joint replacement, metabolic surgery and robotic surgery, bariatric surgery, kidney transplants as well as urology, bone-marrow transplants, gastroscopy operations, and management, radiology, medical services and pathology services. 

The company’s total operating revenue is 1904.66 crores. Its capital invested in equity is 970.92 crores. Its registered office is in Maharashtra, India.

Fundamental Analysis of Max Healthcare Institute Ltd 

Market Cap₹ 74,483 Cr.
Current Price₹ 766.80
52-wk High₹ 812.50
52-wk Low₹ 411.90
Stock P/E70.75
Book Value₹ 80.7
Dividend0.13 %
ROCE15.0 %
ROE16.1 %
Face Value₹ 10.0
P/B Value9.49
OPM27.9 %
EPS₹ 10.9
Debt₹ 660 Cr.
Debt to Equity0.08

Max Healthcare Institute Ltd Share Price Target 2024 To 2030

Year1st Target2nd Target
2024₹822₹1000
2025₹1076₹1121
2026₹1168₹1232
2027₹1290₹1365
2028₹1400₹1476
2029₹1600₹1700
2030₹1768₹1922
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Max Healthcare Institute Ltd Shareholding Pattern

Promoters Holding
Dec 202223.78%
Mar 202323.77%
June 202323.76%
Sept 202323.76%
Dec 202323.75%
FII Holding
Dec 202250.15%
Mar 202351.96%
June 202359.89%
Sept 202360.39%
Dec 202360.69%
DII Holding
Dec 202220.47%
Mar 202319.36%
June 202311.90%
Sept 202311.40%
Dec 202311.55%
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Public Holding
Dec 20225.61%
Mar 20234.92%
June 20234.45%
Sept 20234.45%
Dec 20233.99%

Max Healthcare Institute Ltd Share: Last 5 Years’ Financial Condition

To gain a better understanding of how the market is performing, let’s look at the outlook of this share in the previous years. 

However, investors should be aware of the risks and the market conditions before making any investment decision.

Last 5 Years’ Sales:

2019₹ 1,691 Cr
2020₹ 1,059 Cr
2021₹ 2,508 Cr
2022₹ 3,937 Cr
2023₹ 5,198 Cr

Last 5 Years’ Net Profit:

2019₹ -0 Cr
2020₹ 59 Cr
2021₹ -138 Cr
2022₹ 605 Cr
2023₹ 1,057 Cr
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Last 4 Years’ Debt-To-Equity Ratio:

20200.33
20210.16
20220.12
20230.08

Last 10 Years’ Profit Growth:

10 Years:
5 Years:115%
3 Years:165%
Current Year:8%

Last 10 years’ Return on Equity (ROE):

10 Years:
5 Years:10%
3 Years:11%
Last Year:16%

Sales Growth Over 10 Years:

10 Years:
5 Years:21%
3 Years:63%
Current Year:21%

Conclusion

This article is a complete guide about Max Healthcare Institute Ltd Share.

These information and forecasts are based on our analysis, research, company fundamentals and history, experiences, and various technical analyses. 

Also, We have talked in detail about the share’s future prospects and growth potential.

Hopefully, these informations will help you in your further investment. 

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Also Read: ₹29 Share Hit Upper Circuit; 4000% Return For Investor; Company Giving Bonus Share

Disclaimer: Dear readers, we’d like to inform you that we are not authorized by SEBI (Securities and Exchange Board of India). The information on this site is only for informational and educational purposes and shouldn’t be considered financial advice or stock recommendations. Also, the share price predictions are completely for reference purposes. The price predictions will only be valid when there are positive signs on the market. Any uncertainty about the company’s future or the current state of the market will not be considered in this study. We are not responsible for any financial loss you might incur through the information on this site. We are here to provide timely updates about the stock market and financial products to help you make better investment choices. Do your own research before any investment.

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