Getty ImagesShares of Max Financial Services Ltd. traded 2.69 per cent down at Rs 746.5 on Thursday at around 01:55PM (IST), while the benchmark BSE Sensex declined 215.14 points to 57469.68.
As many as 21,474 shares changed hands on the counter with a total value of Rs 1.61 crore.
The stock quoted a 52-week high price of Rs 1147.9 and a 52-week low of Rs 745.25.
On the technical charts, the 200-DMA of the stock stood at Rs 983.47, while 50-DMA was at Rs 869.16. If a stock trades above 50 DMA and 200 DMA, it usually means the immediate trend is up. On the other hand, if the stock trades below 50 DMA and 200 DMA both, it is considered a bearish trend and if it trades between 50DMA and 200DMA, then it suggests the stock can go anywhere.
Shares of the company have advanced 11.63 per cent in the past one year, while Sensex has risen 17.05 per cent during the same period.
According to BSE data, the stock trades at a price-to-earnings multiple of 130.42 and a price-to-book ratio of 8.87. A higher P/E ratio shows investors are willing to pay a higher price because of better future growth expectations. Price to book value indicates the inherent value of a company and reflects the price that investors are ready to pay even for no growth in a business. The stock belongs to the Insurance - Life industry.
As many as 21,474 shares changed hands on the counter with a total value of Rs 1.61 crore.
The stock quoted a 52-week high price of Rs 1147.9 and a 52-week low of Rs 745.25.
On the technical charts, the 200-DMA of the stock stood at Rs 983.47, while 50-DMA was at Rs 869.16. If a stock trades above 50 DMA and 200 DMA, it usually means the immediate trend is up. On the other hand, if the stock trades below 50 DMA and 200 DMA both, it is considered a bearish trend and if it trades between 50DMA and 200DMA, then it suggests the stock can go anywhere.
Shares of the company have advanced 11.63 per cent in the past one year, while Sensex has risen 17.05 per cent during the same period.
According to BSE data, the stock trades at a price-to-earnings multiple of 130.42 and a price-to-book ratio of 8.87. A higher P/E ratio shows investors are willing to pay a higher price because of better future growth expectations. Price to book value indicates the inherent value of a company and reflects the price that investors are ready to pay even for no growth in a business. The stock belongs to the Insurance - Life industry.
Pick the best companies to invest
BECOME AN ETPRIME MEMBERRead More News on
(What's moving Sensex and Nifty Track latest market news, stock tips and expert advice on ETMarkets. Also, ETMarkets.com is now on Telegram. For fastest news alerts on financial markets, investment strategies and stocks alerts, subscribe to our Telegram feeds.)
...moreDownload The Economic Times News App to get Daily Market Updates & Live Business News.
Pick the best stocks for yourself
Powered by