Invesco Mutual Fund increased its stake in Max Healthcare Institute Limited from 1.97% to 2.19%, increasing its shareholding from 19,124,184 to 21,301,474 shares. The value of the additional shares is approximately ₹215.66 crore, based on the current share price of ₹990.50.
A leading healthcare provider in India, Max Healthcare operates a network of multi-speciality and super-speciality hospitals alongside primary care clinics across major cities. The company delivers comprehensive medical services including clinical care, radiology, pathology, and related healthcare solutions. Max Healthcare combines hospital operations with integrated medical expertise and facility management to serve patients across diverse healthcare needs and treatment requirements.
Indian subsidiary of Invesco Ltd, a US-listed global investment manager with over USD 1.8 trillion in AUM worldwide. Manages over Rs 1.2 lakh crore in India. Known for its Invesco India Contra Fund, which runs a contrarian, undervalued stock strategy against consensus market positioning. One of the few global AMC franchises maintaining a strong active equity presence in India.