Max Healthcare Share Price: Share price of Max Healthcare jumps as Sensex gains 114.43 points
The share price of Max Healthcare Institute Ltd. gained 1.37 per cent to Rs 938.9 at 10:34AM (IST) in Monday’s trade. The scrip has hit a high of Rs 944.65 and low of Rs 918.05 so far during the session. The stock had closed at Rs 926.2 in the previous session.
The counter has had a total traded volume of 11051 shares so far with a value of Rs 1.03 crore on the NSE. It traded at a price-to-earnings multiple of 86.4 and a price-to-book ratio of 9.48.
A higher P/E ratio shows investors are willing to pay a higher price for per rupee earnings given by the stock because of better future growth expectations.
The price-to-book value indicates the inherent value of a company and reflects the price investors are willing to pay even for no…