Max Healthcare Institute Limited’s Board of Directors held a meeting on March 12, 2025, where they approved an agreement with Bharat Prakritik Chikitsa Mission. This agreement involves a long-term service contract for a 200-bed hospital being built in Pitampura, Delhi.
The construction of this hospital is expected to be completed in 3 to 4 years. Max Healthcare will provide an interest-free, refundable deposit based on the construction milestones as a guarantee for its performance commitments.
Max Healthcare is one of India’s biggest healthcare providers, running 19 hospitals with over 4,000 beds, mainly in North India. It offers advanced treatments like cancer care, heart surgery and organ transplants. The company also provides home healthcare and pathology services. After merging with Radiant Lifecare in 2020, it became India’s second-largest healthcare company. Max Healthcare also focuses on medical education, research and community welfare programs.
As of March 13, 2025, at 11:30 AM, with a market capitalisation of ₹977.98 billion, the shares of Max Healthcare Institute Ltd are trading at ₹1,006.00 per share, reflecting a surge of 1.64% from the previous day’s closing price. Over the past month, the stock has registered a profit of 0.43%. Its price-to-earnings ratio stands at 97.53. Additionally, it offers a dividend yield of 0.15%. The stock’s 52-week high stands at ₹1,227.95 per share, while its low is ₹719.45 per share.
Max Healthcare’s partnership with Bharat Prakritik Chikitsa Mission marks a crucial step in strengthening the healthcare infrastructure in Delhi. By ensuring financial backing and service commitments, the company reinforces its role in delivering quality medical services. The successful completion of this project will enhance healthcare accessibility and benefit numerous patients in the region.
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Published on: Mar 13, 2025, 2:50 PM IST
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