India's Max Healthcare records biggest fall in over three years

** Shares of Max Healthcare Institute MAXHEALTH fall as much as 8.9% to 776.15 rupees

** Stock records biggest intraday fall since early Feb 2021

** Reuters could not immediately verify a reason for the stock move

** MAXE last down 6.9% on the day, set for slowest monthly rise since Oct 2023

** Analysts' avg rating on MAXE, peers Apollo Hospitals APOLLOHOSP and Fortis Healthcare FORTIS at "buy" - LSEG data

** MAXE's has a 12-mth forward P/E of 55, while APLH has 62.7 and FOHE 42.1 - LSEG

** MAXE's 56% rise in 2023 higher than APLH's ~27% and FOHE's 46.5%