India's Max Healthcare to set up hospital in Maharashtra's Pune; shares rise

Max Healthcare Institute

18/12/2025 08:31

** Shares of Max Healthcare MAXE.NS rise 2.7% to 1,059 rupees

** Healthcare provider buys Yerawada Properties Pvt Ltd and its Pune property for 2 billion rupees ($22.18 million) to set up 450-bed hospital

** Citi Research ("buy"; PT: 1,500 rupees) says project with 4-year timeline will mark Max’s entry into Pune, a key urban centre and healthcare hub

** Stock rated "buy" on average by 20 analysts; median PT at 1,300 rupees - data compiled by LSEG

** YTD, stock down nearly 6%

($1 = 90.1650 Indian rupees)

 (Reporting by Mridula Kumar in Bengaluru)

 ((Mridula.Kumar@thomsonreuters.com;))