India's Max Healthcare down on block deal

Max Healthcare Institute

02/07/2024 09:40

** Shares of Max Healthcare Institute  MAXE.NS  down 4.5% to
912.65 rupees
    ** Around 1 mln shares change hands in one block at 916.5
rupees per share, per LSEG data
    ** Deal was at a 4.1% discount to Monday's closing price of
955.80 rupees
    ** Stock on track for worst day since April 18 if trend
holds
    ** MAXE and peer Apollo Hospitals  APLH.NS  each rated "buy"
on avg - LSEG data
    ** MAXE up ~32% YTD, APLH up ~7%

 (Reporting by Varun Vyas in Bengaluru)
 ((varunvyas.hebbalalu@thomsonreuters.com))