Max Healthcare share price hits all-time high; should you buy or book profit?
Live MintShares of Max Healthcare Institute rose almost two per cent to hit their fresh all-time high of ₹532.95 in intraday trade on BSE on May 18. As per brokerage firm Nuvama Alternative & Quantitative Research, the inclusion of Max Healthcare Institute in the MSCI Index will lead to an inflow of $295 million into the stock. The brokerage firm underscored that Max Healthcare delivered a marginally better-than-expected operational performance in Q4FY23, aided by a steady improvement in average realization per operating bed and an increased number of patients treated. "We remain positive on Max Healthcare Institute on the back of significant land bank available in high demand areas of Delhi for brownfield expansion, focused approach to improve profitability per bed, and proven capability of a strong turnaround of hospital assets," said Motilal Oswal.