The counter opened at Rs 827.75 and touched an intraday high and low of Rs 832.3 and Rs 815.45, respectively, in the session so far. Shares of the company of Max Financial Services Ltd. quoted a 52-week high of Rs 1140.0 and a 52-week low of Rs 697.05.
Total market cap of the Max Financial Services Ltd. stood at Rs 28252.82 crore at the time of writing this report.
Key Financials
The net profit for latest quarter stood at Rs 56.36 crore, up 165.97 per cent from the same quarter a year ago.
Shareholding pattern
As of 30-Jun-2022, DIIs held 28.0 per cent stake in the company, while foreign institutional investors held 45.62 per cent and the promoters 14.72 per cent.
Valuation ratio
According to BSE data, the stock traded at a P/E multiple of 97.92 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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