Highlights
- Max Healthcare shares rose more than 1% during Friday's morning trading session.
- The hospital operator reported consolidated Q4 FY26 net profit of Rs 342.22 crore.
- The stock remained below its 52-week high despite delivering strong long-term returns.
Max Healthcare Institute Ltd. (NSE:MAXHEALTH) traded in positive territory during the morning session on July 3, 2026. At 11:17 AM IST, the stock was trading at Rs 1,139.00, up 1.21% from the previous close of Rs 1,127.40. The stock opened at Rs 1,145.00 and moved between an intraday high of Rs 1,147.00 and a low of Rs 1,129.70. The volume-weighted average price (VWAP) stood at Rs 1,139.93 during the session.
Trading Activity Reflects Healthy Market Participation
The stock witnessed active trading on the National Stock Exchange, with around 5.27 lakh shares changing hands by the morning session. The traded value stood at approximately Rs 60.07 crore. The visible order book showed higher selling interest, with sell-side orders accounting for 55.77% of the displayed quantity compared with 44.23% on the buy side. The impact cost remained low at 0.03, indicating adequate trading liquidity.
Stock Trades Below Its 52-Week High
Max Healthcare continued to trade below its 52-week high of Rs 1,314.30 recorded on July 4, 2025. However, the stock remained well above its 52-week low of Rs 903.00 touched on April 7, 2026. Based on the prevailing market price, the company's total market capitalisation stood at approximately Rs 1.11 lakh crore, while the free-float market capitalisation was around Rs 84,538.86 crore.
Share Performance Across Different Time Frames
The stock has delivered varied returns across different investment periods. It gained 1.32% over the past week and advanced 17.88% during the last month. On a year-to-date basis, the stock has risen 8.46%. Despite these gains, it has declined 12.54% over the past one year. Over the longer term, Max Healthcare has delivered returns of 87.87% during the past three years and 306.65% over five years. The stock is part of the Nifty 50 index and operates in the hospital industry.
Q4 FY26 Financial Performance
For the quarter ended March 31, 2026, Max Healthcare reported consolidated total income of Rs 2,190.72 crore. Consolidated profit before tax stood at Rs 464.58 crore, while consolidated net profit came in at Rs 342.22 crore. Consolidated earnings per share (EPS) for the quarter were reported at Rs 3.52.
On a standalone basis, the company reported total income of Rs 824.24 crore. Profit before tax stood at Rs 260.38 crore, while standalone net profit was Rs 203.21 crore. Standalone earnings per share for the quarter came in at Rs 2.09. The financial results were announced on May 21, 2026.
Valuation and Market Metrics
At the current market price, Max Healthcare traded at a price-to-earnings (P/E) ratio of 76.07, while the adjusted P/E stood at 73.91. The stock recorded daily volatility of 1.90% and annualised volatility of 36.30%. Deliverable trades accounted for 56.42% of the total traded quantity, indicating that more than half of the traded shares resulted in delivery-based transactions.
Key Risks
- Regulatory changes may affect healthcare operations.
- Rising operating costs could influence profitability.
- Competition may impact patient volumes and pricing.
- Market volatility may affect healthcare stock valuations.
Summary
Max Healthcare shares traded higher during the morning session on July 3, 2026, gaining 1.21% amid active trading on the NSE. Although the stock remained below its 52-week high, it recorded positive short-term performance and continued to deliver strong long-term returns. For Q4 FY26, the company reported consolidated net profit of Rs 342.22 crore with earnings per share of Rs 3.52.
FAQs
Q: What was Max Healthcare's share price on July 3, 2026?
A: Max Healthcare traded at Rs 1,139.00 at 11:17 AM IST, up 1.21% from the previous closing price.
Q: What was Max Healthcare's consolidated net profit in Q4 FY26?
A: The company reported consolidated net profit of Rs 342.22 crore for the quarter ended March 31, 2026.
Q: What are Max Healthcare's 52-week high and low share prices?
A: The stock's 52-week high is Rs 1,314.30, while the 52-week low is Rs 903.00.