Shares of Max Healthcare Institute hit 5% upper circuit in Friday"s trade after debuting at Rs107 on BSE.The stock traded at Rs112.35 on the BSE.The stock has been admitted to dealings in the list of "T" group of securities on BSE.In June, Max India informed the exchanges that the National Company Law Tribunal (NCLT) had approved the composite scheme of merger and demerger which involved a merger of the healthcare assets of Max India into Max Healthcare and demerger of the residual businesses of Max India into Advaita, a wholly-owned subsidiary of Max India.
Max Healthcare Institute Ltd is currently trading at Rs112.35, up by Rs5.35 or 5% from its previous closing of Rs107 on the BSE.
The scrip opened at Rs107 and has touched a high and low of Rs112.35 and Rs107 respectively.
