Getty ImagesNEW DELHI: Shares of . traded 1.86 per cent up in Thursday's trade at 10:10AM (IST). Around 15,103 shares changed hands on the counter.
The counter opened at Rs 794.9 and touched an intraday high and low of Rs 816.5 and Rs 794.9, respectively, in the session so far. The stock of Max Financial Services Ltd. quoted a 52-week high of Rs 1136.8 and a 52-week low of Rs 697.05.
As per BSE, the total market cap of the Max Financial Services Ltd. stood at Rs 27921.51 crore at the time of writing this report.
Key Financials
The company reported consolidated net sales of Rs 3275.89 crore for the quarter ended 30-Jun-2022, down 63.45 per cent from previous quarter's Rs 8962.31 crore and down 44.88 per cent from the year-ago quarter's Rs 5943.14 crore.
The net profit for latest quarter stood at Rs 56.36 crore, up 165.97 per cent from the corresponding quarter last year.
Shareholding pattern
As of 30-Jun-2022, domestic institutional investors held 28.0 per cent stake in the firm, while foreign institutional investors held 23.76 per cent and the promoters 14.72 per cent.
Valuation ratio
According to BSE data, the stock traded at a price-to-earnings multiple of 96.77 and a price-to-book ratio of 6.61. 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 is the measure of the price that investors are ready to pay even for no growth in the business.
Max Financial Services Ltd. belongs to the Insurance - Life industry.
The counter opened at Rs 794.9 and touched an intraday high and low of Rs 816.5 and Rs 794.9, respectively, in the session so far. The stock of Max Financial Services Ltd. quoted a 52-week high of Rs 1136.8 and a 52-week low of Rs 697.05.
As per BSE, the total market cap of the Max Financial Services Ltd. stood at Rs 27921.51 crore at the time of writing this report.
Key Financials
The company reported consolidated net sales of Rs 3275.89 crore for the quarter ended 30-Jun-2022, down 63.45 per cent from previous quarter's Rs 8962.31 crore and down 44.88 per cent from the year-ago quarter's Rs 5943.14 crore.
The net profit for latest quarter stood at Rs 56.36 crore, up 165.97 per cent from the corresponding quarter last year.
Shareholding pattern
As of 30-Jun-2022, domestic institutional investors held 28.0 per cent stake in the firm, while foreign institutional investors held 23.76 per cent and the promoters 14.72 per cent.
Valuation ratio
According to BSE data, the stock traded at a price-to-earnings multiple of 96.77 and a price-to-book ratio of 6.61. 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 is the measure of the price that investors are ready to pay even for no growth in the business.
Max Financial Services Ltd. belongs to the Insurance - Life industry.
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