Max Financial stock price: Max Financial shares gain 2.01% as Sensex rises

Shares of . was trading up 2.01% during Wednesday’s session at 12:48 (IST). The stock opened at Rs 805.45 and touched an intraday high and low of Rs 825.95 and Rs 804.2, respectively, during the session so far.

The stock traded a 52-week high of Rs 1147.9 and a 52-week low of 697.05. Around 6,664 shares have changed hands on the counter so far.

The benchmark Nifty50 was up 122.3 points at 15933.15, while the BSE Sensex traded 432.24 points at 53566.59 at the time of writing.

In the Nifty pack, 38 stocks traded on the day in the green, while 12 were in the red.

Key financial data

For the quarter ended March 31, 2022, the company reported consolidated sales of Rs 8,962.31 crore, up 28.87% from Rs 6,954.76 crore in the previous quarter and up 8.18% from compared to the quarter of the previous year. The company reported a net profit of Rs 117.68 crore for the last quarter.

Promoter assets

The promoters held 14.72% of the company’s capital as of March 31, 2022, while the FIIs held 45.12% and the MFs 28.05%.


On the technical charts, the 200-day moving average (DMA) of the stock stood at Rs 879.79 on July 06, while the 50-DMA stood at Rs 772.45. If a stock is trading above 50-DMA and 200-DMA, it usually means that the immediate trend is up. On the other hand, if the stock is trading well below 50-DMA and 200-DMA at the same time, it is considered to be in a downtrend and if it is trading between these averages, it suggests that the stock can go both ways.


Comments are closed.