India, Nov. 10 -- The increasing recognition of India as a cost-effective destination for quality medical care is providing new opportunities for private hospital chains. Global patients are increasing and healthcare companies are now increasingly looking to grow outside of their domestic market. This is becoming an important aspect of Max Healthcare, and it can be questioned whether medical tourism will become a significant source of revenue and profits in the future.

With a market capitalization of Rs. 89,059.43 crore, the shares of Max Healthcare Institute Ltd were trading at Rs. 915.00 per share, down 1.08% from its previous closing price of Rs. 924.95 apiece. The stock trades at a P/E of 64.5x on a consolidated basis.

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