MAX FINANCIAL SERVICES LTD Plunges by 5%; BSE 500 Index Up 0.2%

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Markets will remain closed on 14th April, 2021 on account of Dr. Baba Saheb Ambedkar Jayanti.

MAX FINANCIAL SERVICES LTD Plunges by 5%; BSE 500 Index Up 0.2%
Wed, 18 Mar 09:36 AM

MAX FINANCIAL SERVICES LTD share price has plunged 5% and is presently trading at Rs 381.

Meanwhile, the BSE 500 Index is at 11,951 (up 0.2%).

Among the top losers in the BSE 500 Index today are MAX FINANCIAL SERVICES LTD (down 5.4%) and SHRIRAM TRANSPORT (down 5.0%).

YES BANK (up 32.9%) and ZEE ENTERTAINMENT (up 7.9%) are among the top gainers today.

Over the last one year, MAX FINANCIAL SERVICES LTD has moved down from Rs 452 to Rs 381, registering a loss of Rs 71 (down 15.7%)..

The BSE 500 has moved down from 15,069 to 11,951, loss of 3,118 points (down 20.7%) during the last 12 months.

The top gainers among the BSE 500 Index stocks during this same period were ADANI GREEN ENERGY (up 238.4%), ABBOTT INDIA (up 104.8%) and NAVIN FLUORINE (up 87.5%).

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What About the Benchmark Indices?

The BSE Sensex is at 31,102 (up 0.3%). The top gainers among the BSE Sensex stocks today are INFOSYS (up 3.6%). The most traded stocks in the BSE Sensex are SBI and ONGC.

In the meantime, NSE Nifty is at 9,128 (down 0.2%). YES BANK (up 45.3%) and ZEE ENTERTAINMENT (up 7.2%) are among the top gainers in NSE Nifty.

Over the last 12 months, the BSE Sensex has moved down from 38,095 to 31,102, registering a loss of 6,993 points (down 19.48%).


MAX FINANCIAL SERVICES LTD net profit down at Rs 10 million for the quarter ended December 2017, compared to a loss of Rs 805 million a year ago. Net Sales declined 85.6% to Rs 149.0 million during the period as against Rs 1.0 billion in October-December 2016.

For the year ended March 2018, MAX FINANCIAL SERVICES LTD reported 19.2% increase in net profit to Rs 643.0 million compared to net loss of Rs 540.0 million during FY17.

Revenue of the company grew 10.9% to Rs 16 billion during FY18.

The current Price to earnings ratio of MAX FINANCIAL SERVICES LTD, based on rolling 12 month earnings, stands at down 598.0x.

What else is happening in the markets today? Dig in...

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