Max India extends rally; surges 45% in 10 trading sessions

The stock moved higher by 11 per cent to Rs 89.60, which is also its three-month high, on the back of heavy volumes on BSE.

Shares of Max India moved higher by 11 per cent to Rs 89.60 on heavy volumes on the BSE. The stock was trading at its three-month high level and has rallied 45 per cent in past 10 trading sessions. In comparison, the S&P BSE Sensex was up 0.38 per cent during the same period.

Max India on Monday said that Radiant Life Care Private Limited, a leading Indian hospital management company promoted by Abhay Soi and backed by global investment firm KKR, has entered into a transaction under which its shareholders will acquire a majority stake in Max Healthcare