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Medi Assist Healthcare Services Ltd Performance

Today's Low
481.35
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Today's High
492.65
52 Wk Low
430.55
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52 Wk High
564.00


Open

490.75

Traded Value (Cr)

1.51 Cr

Prev. Close

487.8

VWAP

492.42

Volume

71,929

Face Value

5

Medi Assist Healthcare Services Ltd Fundamentals

Market Cap
₹ 3,558 Cr
P/E Ratio (TTM)
50.78
P/B Ratio
10.59
Debt to Equity
0.08
ROE
18.63 %
EPS (TTM)
9.98
Dividend Yield
0.37%
Book Value
47.85

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Medi Assist Healthcare Services Ltd Financials

Medi Assist Healthcare Services Ltd Financials

Medi Assist Healthcare Services Ltd Shareholding Pattern

Held By Mar 2024 Jan 2024 May 2021
Promoters 38.91 % 39.67 % 77.14 %
Others 27.45 % 25.13 % 22.86 %
Mutual Funds 13.77 % 6.60 % 0.00 %
Retail 10.20 % 20.94 % 0.00 %
FII 9.67 % 7.66 % 0.00 %

Promoters

38.91%

Others

27.45%

Mutual Funds

13.77%

Retail

10.20%

FII

9.67%

Promoters

39.67%

Others

25.13%

Mutual Funds

6.60%

Retail

20.94%

FII

7.66%

Promoters

77.14%

Others

22.86%

Mutual Funds

0.00%

Retail

0.00%

FII

0.00%

Resistance and Support

₹499.72

PIVOT

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Resistance
First Resistance₹505.433
Second Resistance₹516.167
Third Resistance₹521.883
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Support
First Resistance₹488.983
Second Resistance₹483.267
Third Resistance₹472.533
RSI47.506
MACD-1.208
ADX11.603
CCI-78.842

Delivery and Volume

PeriodDelivery Volume Traded Volume Delivery Volume %
Day71,92932,61245.34
Week96,96748,90449.25
1 Month157,940127,01577.57
6 Months135,73484,01461.90

About Medi Assist Healthcare Services Ltd

Medi Assist Healthcare Services Limited was formerly incorporated on June 7, 2000 as a Private Limited Company with the name 'Net Logistics Private Limited'. Subsequently, name of the Company was changed to 'Medi Assist Healthcare Services Private Limited' on November 21, 2012. Upon the conversion to a Public Company, the name was changed to 'Medi Assist Healthcare Services Limited' through fresh Certificate of Incorporation issued by the RoC on March 20, 2018. The Company is India's largest health benefits administrator in terms of revenues and premium serviced for health insurance policies. Under the TPA Regulations, insurance companies are the Main clients which serve as an intermediary between (a) general and health insurance companies and the insured members (under retail, corporate and insurance backed public health insurance policies), (b) insurance companies and healthcare providers (such as hospitals), and (c) the Government and beneficiaries of public health schemes. The Company offer Insurance Companies, seamless exchange of insured member and claims Information, claims processing, fraud detection, management of cashless healthcare provider network, enabling final payout to insured members and hospitals and data analytics, among others. The Company was registered as a Third Party Administrator (TPA) with IRDAI in 2002. In December 2010, Medimatter Health acquired equity stake into the Company from Reliance Capital Limited and Medybiz Private Limited. On May 27, 2017, Company acquired business of Medicare Insurance TPA Services (India) Private Limited as a going concern through slump sale, which became effective from June 29, 2018. On 17 February 2018, Medybiz Services Private Limited (MSPL) got merged with Company through Scheme of Amalgamation and resultant, entire business undertaking of MSPL, was transferred to and vested into Company effective from Appointed Date, April 1, 2018. With effect from 1 April 2018, the wholly owned subsidiary, Medybiz Services Private Limited (MSPL), merged with Company and the business undertaking of MSPL, got transferred to and vested in the Company in 2019. The Consumer Health Business (CHB) of Company was demerged into M/s. Mandala Wellness Private Limited (MWPL), through Scheme of Arrangement, effective from Appointed Date i.e. 1 September 2019. The Company is proposing an Offer for Sale of issuing upto 28,028,168 Equity Shares through Initial Public Offer.

Managing Director

Founded

2000

NSE Symbol

MEDIASSIST

Medi Assist Healthcare Services Ltd Management

NameDesignation
Vikram Jit Singh ChhatwalChairman & Wholetime Director
Satish V N GiduguWhole Time Director & CEO
Vishal Vijay GuptaNominee
Gaurav SharmaNominee
Himani KapadiaIndependent Director
G SrinivasanIndependent Director
Anil ChananaIndependent Director
Ritu Niraj AnandIndependent Director
Ananda MukerjiIndependent Director
Megha MatooCompany Sec. & Compli. Officer

Medi Assist Healthcare Services Ltd News

Medi Assist Healthcare Services to declare Quarterly Result
On 15 May 2024
Medi Assist Healthcare Services consolidated net profit declines 4.74% in the December 2023 quarter
Sales rise 32.29% to Rs 165.98 crore
Medi Assist Healthcare Services announces board meeting date
On 13 February 2024
Medi Assist Healthcare Services rises on debut
Shares of Medi Assist Healthcare Services were currently trading at Rs 471.15 at 11:12 IST on the BSE, representing a premium of 12.72% as compared with the issue price of Rs 418.
Shares of Medi Assist Healthcare Services get listed
In B Group

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Medi Assist Healthcare Services Ltd FAQ

By opening a demat account and having your KYC papers confirmed online, you may simply purchase Medi Assist Healthcare Services Ltd shares in BlinkX

The share price of any stock is volatile and changes during the day due to a variety of variables. Medi Assist Healthcare Services Ltd's share price is ₹487.25 as of May 10, 2024

Medi Assist Healthcare Services Ltd's P/E ratio is 50.78 times as of May 10, 2024.

Medi Assist Healthcare Services Ltd's most recent financial reports indicate a price-to-book ratio of 10.59, showing the company's stock market valuation in relation to the value of its real assets.

Market capitalisation, often known as market cap, is the market value of all outstanding shares of a publicly listed corporation. Medi Assist Healthcare Services Ltd's market is 3,558 Cr as on May 10, 2024.

The current financial records of Medi Assist Healthcare Services Ltd show a 18.63% ROE, showing great financial performance and effective capital utilisation, making it a significant statistic for investors.

The 52-week high/low price of a Medi Assist Healthcare Services Ltd stock is the highest and lowest price at which it has traded over that period (about one year) and is used as a technical indicator. Medi Assist Healthcare Services Ltd's 52-week high and low as of May 10, 2024 are ₹492.65 and ₹481.35 respectively.

As of the Mar 2024 quarter, the promoter shareholding in Medi Assist Healthcare Services Ltd stands at 38.91%. During the same period, Institutional Investors have shown a slight increase in their holdings, rising from 7.66% to 9.67%.