Max Financial shares rise 0.11% as Sensex climbs

Max Financial shares rise 0.11% as Sensex climbs
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A total of 91,604 shares changed hands on the counter till 02:10PM (IST)

Reuters
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Shares of the Max Financial Services Ltd. traded at Rs 880.25 on BSE at 02:10PM (IST) on Thursday, up 0.11 per cent from previous close.

The scrip quoted a 52-week low price of Rs 719.0 and a high of Rs 1147.9.

Earlier, shares of the company saw a gap down opening in the morning.

A total of 91,604 lakh shares changed hands on the counter till 02:10PM (IST).

The stock of Max Financial Services Ltd. commands a market value of Rs 30378.73 crore.

The stock traded at a price-to-earning (P/E) multiple of 153.41, while the price-to-book value ratio stood at 8.87. Return on equity (ROE) was at 12.72 per cent, according to exchange data.

In the BSE500 pack, 295 stocks traded in the green, while 205 stocks were in the red.

Promotor Holding
Promoters held 14.72 per cent in the Max Financial Services Ltd. as of 31-Dec-2021 while foreign portfolio investors and domestic institutional investors owned 47.94 per cent and 29.31 per cent, respectively.

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