HDFC Securities recommends 'Reduce' call for Max Healthcare, 'Buy' Oil India, Ashoka Buildcon 'Add' Ahluwalia Contracts.

(Photo: freepik) Max Healthcare's Ebitda grew 23% YoY, with 21% YoY sales growth (hospital sales up 22% and Max Labs up 17%). Ahluwalia Contracts reported a revenue/Ebitda/APAT of Rs 11.8/1.3/0.8 billion, a beat/miss of +13.7/+44.4/+55.4%, led by improved execution albeit on an extended monsoon.

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