The certificate opened at Rs 804.35 and touched an intraday high and low of Rs 818.3 and Rs 797.75, respectively, during the session so far. The action of Max Financial Services Ltd. quoted a 52-week high of Rs 1136.8 and a 52-week low of Rs 697.05.
The total market capitalization of Max Financial Services Ltd. stood at Rs 28,169.99 crore at the time of writing.
Key financial data
The company reported consolidated net sales of Rs 3,275.89 crore for the quarter ended June 30, 2022, down 63.45% from Rs 8,962.31 crore in the previous quarter and down 44.88% from compared to Rs 5943.14 crore in the prior year quarter.
Net profit for the last quarter stood at Rs 56.36 crore, up 165.97% from the corresponding quarter last year.
As of June 30, 2022, DIIs held 28.0% of the company’s capital, while foreign institutional investors held 45.62% and promoters 14.72%.
According to BSE data, the stock traded at a P/E multiple of 97.63 and a price-to-book ratio of 6.61. A higher P/E ratio shows that investors are willing to pay a higher price due to better expectations for future growth. The price-to-book ratio indicates the inherent value of a company and is the measure of the price that investors are willing to pay even if the company does not grow.
Max Financial Services Ltd. belongs to the Insurance – Life sector.