Max Healthcare’s stock rose 2% in morning trade following the completion of its acquisition of Jaypee Healthcare Limited (JHL).
On November 11, 2024, Max Healthcare finalized the purchase of JHL’s remaining 36.35% equity stake, totalling 15,53,90,769 shares, for ₹227 crore. With this transaction, JHL is now a wholly-owned subsidiary of Max Healthcare, further strengthening its position in the healthcare sector
As of 9:55 am, Max Healthcare shares were trading 1.94% higher at Rs 1,044.90 on the NSE.
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