Max Healthcare Institute share price closes at ₹1,037; gains 1.17% on September 17

Key Takeaways

• Max Healthcare Institute rose ₹12 or 1.17% to ₹1,037 after moving between ₹1,021 and ₹1,046.
• The closing price was only ₹1.60 above the 50-day DMA of ₹1,035.40, making that the closest of its three moving averages.
• One-month, three-month and six-month returns were positive, while the one-year return remained negative at -10.50%.

Max Healthcare Institute share price ended September 17 at ₹1,037, a gain of ₹12 or 1.17%. It opened at ₹1,022 after a previous close of ₹1,025. The stock slipped marginally to ₹1,021 before climbing to ₹1,046. It closed ₹16 above the low and ₹9 below the high within the ₹25 displayed range.

The 50-day DMA was almost identical to the latest price. At ₹1,035.40, it sat only ₹1.60 below the closing value. The 100-day DMA was ₹1,042, putting Max Healthcare ₹5 below that measure, while the 200-day DMA of ₹1,052.50 was ₹15.50 above the close.

Trading volume reached 1,148,248 shares. Market capitalisation stood at ₹1,00,932 crore. The stock's 52-week range extended from ₹903 to ₹1,222. At ₹1,037, the September 17 close was ₹134 above the annual low and ₹185 below the high.

Recent return figures were positive through six months before turning negative at the one-year mark. One-month performance was 2.82%, followed by 1.26% over three months and 6.84% over six months. The one-year return was -10.50%.

The stock started the day below its previous close but reversed that early weakness. From the ₹1,021 low, Max Healthcare advanced ₹25 to the session high and retained most of that move by ending at ₹1,037. The final price's proximity to the 50-day DMA was especially close, with less than ₹2 between the two. The 100-day and 200-day averages were also within ₹16 of the close. In comparison, the annual endpoints were much further away, particularly the ₹1,222 52-week high. September 17 therefore left the stock near its shorter moving-average levels while recording a daily gain above 1%.