Max Healthcare Institute Ltd News

KKR affiliate sells 10% stake in Max Healthcare for nearly Rs 3,300 cr_49401

It sold shares at Rs 340 a apiece to a clutch of investors, which included SBI Mutual Fund, Pension Fund Global and Smaller Cap World Fund

Max Healthcare net profit at Rs 190 cr in December quarter_31587

The company had posted a PAT and share of associates at Rs 90.36 crore for the year-ago period, Max Healthcare said in a regulatory filing

Max Healthcare Institute signs deal to acquire Eqova Healthcare_30788

Max Healthcare Institute on Friday said it has inked a deal to acquire Eqova Healthcare, a company with long-term exclusive rights to aid development and provide medical services to an upcoming 400-bed hospital. The hospital, which is owned by Nirogi Charitable and Medical Research Trust, will come up at Patparganj, Delhi. "This new hospital will allow us to cater to the need for quality healthcare of the East Delhi community and fortify our network footprint in NCR in a synergistic manner. "It will further enable us to bring high-end clinical programmes and technologies to the region and also help us to continue serving the indigent patient community," Max Healthcare Institute Chairman and Managing Director Abhay Soi said in a statement. The healthcare provider said it aims to acquire the firm by way of upfront purchase of 26 per cent stake, with an Escrow mechanism set up for additional 34 per cent, under call/put options, to be exercised linked to achievement of certain ...

Budget 2022, LIC IPO update can spark up to 11% rally in insurance stocks_21187

Shares of the major private insurers, HDFC Life and ICICI Prudential are seen testing key support levels currently.

Max Healthcare to invest $450 mn over next 4 years to double India capacity_20253

The investment will help boost capacity at existing hospitals as well as augment the firm's land holdings further, according to Soi.