MAX INDIA LTD Plunges by 7%; BSE 500 Index Down 0.4%

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MAX INDIA LTD Plunges by 7%; BSE 500 Index Down 0.4%
Wed, 21 Nov 12:03 PM

MAX INDIA LTD share price has plunged 7% and is presently trading at Rs 68.

Meanwhile, the BSE 500 Index is at 14,244 (down 0.4%).

Among the top losers in the BSE 500 Index today are MAX INDIA LTD (down 6.8%) and L&T INFOTECH LTD (down 5.1%).

JAIPRAKASH ASSO. (up 6.6%) and SPICEJET LTD (up 6.5%) are among the top gainers today.

Over the last one year, MAX INDIA LTD has moved down from Rs 139 to Rs 68, registering a loss of Rs 71 (down 51.1%)..

The BSE 500 has moved down from 14,494 to 14,244, loss of 250 points (down 1.7%) during the last 12 months.

The top gainers among the BSE 500 Index stocks during this same period were HEG LTD (up 146.6%), V-MART RETAIL (up 95.5%) and NIIT TECHNOLOGIES (up 69.8%).

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What About the Benchmark Indices?

The BSE Sensex is at 35,494 (down 0.9%). The top gainers among the BSE Sensex stocks today are YES BANK (up 3.0%). The most traded stocks in the BSE Sensex are YES BANK and SBI.

In the meantime, NSE Nifty is at 10,671 (down 0.7%). DR. REDDYS LAB (up 6.5%) and YES BANK (up 3.2%) are among the top gainers in NSE Nifty.

Over the last 12 months, the BSE Sensex has moved up from 33,360 to 35,494, registering a gain of 2,134 points (up 5.4%).

MAX INDIA LTD Financial Update...

For the year ended March 2017, MAX INDIA LTD reported 53.2% decrease in net profit to Rs 461.0 million compared to net loss of Rs 986.0 million during FY16.

Revenue of the company grew 18.0% to Rs 14 billion during FY17.



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