Market experts say that promoters offloading a small stake should not raise alarm bells, but if they have been paring their stake continuously over the years, then it does warrant a closer look.
Max Healthcare Institute Ltd., incorporated in the year 2001, is a Small Cap company (having a market cap of Rs 73923.66 Crore) operating in Hospitals & Allied Services sector
Rajiv Jain s GQG empire in India has expanded to $11 billion, diversifying beyond Adani stocks to include stocks from various sectors like energy, banks, real estate. The portfolio now comprises a wide range of stocks.
HDFC Mid-Cap Opportunities Fund s transactions in 20 stocks during January-March quarter included buying shares in Ipca Laboratories, Max Financial Services, and Adani Group owned ACC. It also added shares in Timken India, Mahindra & Mahindra Financial Services, and Fortis Healthcare Ltd.
"A number of factors confluence to make India a pharmaceutical powerhouse, some of them being the regulatory framework, lower production costs, and the skilled pool of manpower comprising scientists, researchers, engineers and professionals," said Chintan Haria.