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Max Financial Services

How to trade F&O stocks with high rollovers in May; check key levels here

Technical outlook on stocks with high rollover to May series: Keep a tab on these key support and resistance levels while trading in these F&O stocks.

How to trade F&O stocks with high rollovers in May; check key levels here
Updated On : 26 Apr 2024 | 12:01 PM IST

Benchmarks end flat, MidCap index rises 1.5%; PSB, realty stocks in demand

Stock market highlights on February 7, 2024: In the broader markets, the BSE MidCap index gained over 1.48 per cent, while the BSE SmallCap index advanced 0.35 per cent

Benchmarks end flat, MidCap index rises 1.5%; PSB, realty stocks in demand
Updated On : 07 Feb 2024 | 3:48 PM IST

Max Fin, JSP, Oberoi: Strategy for stocks with highest F&O rollover to Nov

Dr.Reddy's, Apollo Tyres and Jindal Steel are among the five stocks which have seen rollovers of up to 88 per cent to the November series.

Max Fin, JSP, Oberoi: Strategy for stocks with highest F&O rollover to Nov
Updated On : 26 Oct 2023 | 11:18 AM IST

Buy Max Financial Services October Futures, suggests HDFC Securities

RSI Oscillators is sloping upwards and placed above 50 on the daily chart, indicating strength in the stock, says Nandish Shah

Buy Max Financial Services October Futures, suggests HDFC Securities
Updated On : 06 Oct 2023 | 6:33 AM IST

Max Financial Services zooms 6% as over 10 mn shares change hands

Till 10:05 AM, a combined 13.49 million shares had changed hands on the counter on the BSE and NSE, representing nearly 4 per cent of the company's equity

Max Financial Services zooms 6% as over 10 mn shares change hands
Updated On : 24 Aug 2023 | 10:42 AM IST

Max Financial Services profit slumps 64% to Rs 52 crore in Jan-Mar quarter

Max Financial Services Ltd (MFSL) on Friday reported a 64 per cent decline in consolidated net profit at Rs 52 crore for the last quarter of 2022-23. The company had reported a net profit of Rs 144 crore in the January-March period a year ago. The company registered consolidated revenue of Rs 9,929 crore in the quarter from Rs 8,960 crore in Q4FY23, MFSL said in a regulatory filing. Total expanses of the firm rose to Rs 9,876 crore as against Rs 8,809 crore a year ago, it said. For the full year FY23, its net profit jumped by 42 per cent to Rs 451 crore as against Rs 318 crore in the previous financial year. MSFL owns an 87 per cent stake in Max Life Insurance and has collected a total new business premium (individual and group) of Rs 8,960 crore. In addition, the renewal premium income (including group) grew 13 per cent to Rs 16,382 crore, taking the gross premium to Rs 25,342 crore, an increase of 13 per cent over the previous financial year.

Max Financial Services profit slumps 64% to Rs 52 crore in Jan-Mar quarter
Updated On : 12 May 2023 | 9:27 PM IST

Chart: 15 stocks in Nifty 500 continue to rise despite volatile sentiment

Volumes spurt were significantly higher during strong positive closes than during negative sessions.

Chart: 15 stocks in Nifty 500 continue to rise despite volatile sentiment
Updated On : 25 Jan 2023 | 11:25 AM IST

Max Financial Services promoter offloads 1.7% stake for Rs 400 cr

Max Ventures Investment Holdings, a promoter of financial services firm Max Financial Services, on Wednesday offloaded 58.85 lakh shares in the company for Rs 400 crore through an open market transaction. According to the bulk deal data available with the National Stock Exchange (NSE), Max Ventures Investment Holdings sold 58,85,000 shares (1.7 per cent) of Max Financial Services. The shares were sold at an average price of Rs 679.2 per scrip, taking the aggregate value of transaction at Rs 399.70 crore. Following the stake sale, the shareholding of promoter have come down to 13.02 per cent from 14.72 per cent. Shares of Max Financial Services closed 1.67 per cent lower at Rs 688 apiece on NSE.

Max Financial Services promoter offloads 1.7% stake for Rs 400 cr
Updated On : 21 Dec 2022 | 10:10 PM IST

Committed to Axis deal; will follow earlier methodology: Max Life CEO

Max Life and Max Financial Services are committed to going ahead with the deal with Axis Bank, which will see the latter acquire another 7 per cent stake in the life insurance company, said the CEO

Committed to Axis deal; will follow earlier methodology: Max Life CEO
Updated On : 20 Oct 2022 | 11:21 PM IST

Buying IRCTC, Max Financial on dips may be a good idea; here's why

While the stock of max Financial Services has confirmed a major range breakout above 850-mark, the stock of IRCTC is in oversold zone, says Mehul Kothari of Anand Rathi

Buying IRCTC, Max Financial on dips may be a good idea; here's why
Updated On : 08 Jul 2022 | 8:39 AM IST

Max Financial Services Q4 consolidated net profit doubles to Rs 144 cr

Max Life's assets under management (AUM) were at Rs 1,07,510 crore as on March 31, 2022, a rise of 19 per cent over the previous year

Max Financial Services Q4 consolidated net profit doubles to Rs 144 cr
Updated On : 10 May 2022 | 9:07 PM IST

Trading strategies for SBI Life, ICICI Pru, HDFC Life ahead of LIC IPO

Except for Max Financial Services other insurance related shares seem to be on a weak ground, indicate technical charts.

Trading strategies for SBI Life, ICICI Pru, HDFC Life ahead of LIC IPO
Updated On : 27 Apr 2022 | 12:55 PM IST

Max Financial Services profit declines 41% to Rs 47.65 cr in Sept quarter

The company on Tuesday reported an over 41 per cent decline in its consolidated net profit

Max Financial Services profit declines 41% to Rs 47.65 cr in Sept quarter
Updated On : 09 Nov 2021 | 8:09 PM IST

Stocks to Watch: RIL, Aurobindo, BHEL, M&M, Jet Airways, IDFC, PowerGrid

FII fund flows, corporate earnings and ongoing IPOs likely to be in focus today

Stocks to Watch: RIL, Aurobindo, BHEL, M&M, Jet Airways, IDFC, PowerGrid
Updated On : 09 Nov 2021 | 8:36 AM IST

Max Financial posts Q4 PAT at Rs 70 crore, revenue at Rs 9,760 crore

Max Financial Services Ltd (MFSL) has reported profit after tax of Rs 70 crore in the January to March quarter from Rs 6.7 crore in the year-ago period

Max Financial posts Q4 PAT at Rs 70 crore, revenue at Rs 9,760 crore
Updated On : 09 Jun 2021 | 11:57 AM IST

Max Financial Services promoter sells shares worth Rs 85 cr via open market

Through a separate transaction, the shares were bought by New York Life Insurance Company at the same price

Max Financial Services promoter sells shares worth Rs 85 cr via open market
Updated On : 08 Mar 2021 | 10:00 PM IST

Max Financial Services: Focus back on fundamentals as Axis deal concludes

December quarter results propped up by single premium products, protection plans stagnating

Max Financial Services: Focus back on fundamentals as Axis deal concludes
Updated On : 03 Mar 2021 | 1:28 AM IST

Max Financial surges 10% as Axis entities get nod for stake buy in Max Life

IRDAI has given its approval for the acquisition of up to 12 per cent stake in Max Life Insurance by Axis Bank and its subsidiaries Axis Capital and Axis Securities

Max Financial surges 10% as Axis entities get nod for stake buy in Max Life
Updated On : 25 Feb 2021 | 9:53 AM IST

Axis entities get Irdai approval to acquire stake in Max Life Insurance

Axis Entities will have the right to acquire another 7 per cent in the life insurance company, in or more tranches

Axis entities get Irdai approval to acquire stake in Max Life Insurance
Updated On : 25 Feb 2021 | 12:12 AM IST

Max Financial surges 7%, scales record high post strong Q3 results

Max Life Insurance demonstrated a resilient performance amid a challenging macro environment with 21 per cent annual premium equivalent (APE) growth

Max Financial surges 7%, scales record high post strong Q3 results
Updated On : 10 Feb 2021 | 11:07 AM IST