India, April 8 -- Max Healthcare made a bold move on Wednesday. Its board met on April 8, 2026, and cleared a major hospital acquisition in Odisha. The decision signals a strong and clear growth push by one of India's largest hospital chains. This is not a small step it is a strategic leap eastward.

Max Healthcare Institute's Limited's stock, with a market capitalisation of Rs. 91,995 crores, rose Rs. 953, up 2.2 percent from its previous closing price of Rs. 932.40. Furthermore, the stock over the past year has given a negative return of 11.9 percent.

The board approved a deal to buy a controlling stake in Kalinga Hospital Ltd. Max Healthcare will acquire approximately 58.39% of the company. Kalinga Hospital runs a 250-bed multi-specia...