Max Financial stock price: Max Financial’s stock price fell 0.57% as Sensex slips

0
The shares of Max Financial Services Ltd. fell 0.57% to Rs 1,008.5 at 2:01 p.m. (IST) on Thursday. Earlier today, the title saw a gap at the start of the session.

According to the data available on BSE, the total quantity traded over the counter stood at 32,425 shares with a turnover of Rs 3.24 crore until 2:01 pm (IST). The stock traded at a price / earnings (P / E) multiple of 116.59, while the price-to-book ratio stood at 8.87.

Return on equity (ROE) was 12.72 percent, according to exchange data. The stock hit an intraday high of Rs 1,012.85 and a low of Rs 989.6 during the session and listed a 52-week high of Rs 1147.9 and a 52-week low of Rs 659 , 2.

The stock’s beta value, which measures its volatility relative to the overall market, was 1.27.

Technical indicators

The 200-DMA (Daily Moving Average) for the stock stood at Rs 987.69 on January 6, while the 50-DMA was at Rs 970.94. 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 below 50-DMA and 200-DMA, this is considered a downtrend. If it is trading between 50-DMA and 200-DMA, it suggests that the action can go either way.

The Relative Strength Index (RSI) of was 58.63. The RSI fluctuates between zero and 100. Traditionally, a stock is considered overbought when the value of the RSI is above 70 and oversold when it is below 30.

Holding promoter

As of September 30, 2021, developers held 14.72 percent of the company’s capital, while foreign institutional investors held 49.58 percent and domestic institutional investors 27.5 percent.

Share.

Comments are closed.