Mumbai, Feb 09 (Udaipur Kiran): Shares of Max India Ltd surged over 4% on Monday after the company announced the launch of its second senior care home in Chennai through its subsidiary Antara Senior Care, signalling continued expansion in the fast-growing eldercare segment.
Max India was trading at ₹170.80, up ₹7.40 or 4.53%, from its previous close of ₹163.40 on the BSE. The stock opened at ₹163.40 and moved between an intraday high of ₹172.95 and a low of ₹162.35. Around 1,333 shares were traded on the counter during the session.
The BSE Group ‘B’ stock, with a face value of ₹10, has touched a 52-week high of ₹242.40 on September 25, 2025, and a 52-week low of ₹140.65 on January 22, 2026. Over the past week, the scrip has traded in the range of ₹150.30 to ₹177.65. The company’s current market capitalisation stands at ₹896.07 crore.
As per shareholding data, promoters hold 49.89% in the company, while institutional investors own 8.66% and non-institutional investors 41.45%.
The rally follows the announcement that Antara Senior Care has launched its second senior care home in Chennai, a 72-bed facility located along the Old Mahabalipuram Road (OMR) corridor. Along with its existing care home on the East Coast Road (ECR), the new facility strengthens Antara’s presence in the city by expanding access to both long-term and short-term assisted living services for senior citizens.
The OMR care home is strategically located close to leading hospitals and key medical infrastructure, offering strong road and air connectivity. The expansion also enhances access to senior-focused transition care services in Chennai, often referred to as India’s Health Capital.
Max India is the holding company for Max Group’s senior care business Antara, as well as its skilling arm Max Skill First.
Bhupendra Singh Chundawat is a seasoned technology journalist with over 22 years of experience in the media industry. He specializes in covering the global technology landscape, with a deep focus on manufacturing trends and the geopolitical impact on tech companies. Currently serving as the Editor at Udaipur Kiran, his insights are shaped by decades of hands-on reporting and editorial leadership in the fast-evolving world of technology.
