Max Financial Services Shares Rise 2.9% for Third Consecutive Day
Max Financial Services Ltd soars 2.9%, up for third straight session
Business Standard
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Max Financial Services Ltd shares increased by 2.9%, reaching ₹1654 on the National Stock Exchange (NSE). Over the past year, the stock has surged 42.18%, significantly outperforming the NIFTY's 5.18% gain. Despite a 4.14% decline in the last month, the stock shows resilience amid broader market trends.
- 01Max Financial Services Ltd shares rose 2.9% today, reaching ₹1654.
- 02The stock has gained 42.18% over the past year.
- 03In contrast, the NIFTY index gained only 5.18% in the same period.
- 04Max Financial Services Ltd has seen a 4.14% decline in the last month.
- 05The stock's price-to-earnings (PE) ratio is 0 based on trailing twelve months earnings.
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Max Financial Services Ltd's shares rose 2.9% today, trading at ₹1654 on the National Stock Exchange (NSE) as of 12:49 IST. This marks the third consecutive day of gains for the stock, which has seen a remarkable 42.18% increase over the past year, significantly outperforming the NIFTY index's 5.18% gain. The benchmark NIFTY is up 0.99% today, while the Sensex increased by 1.02%. Despite this positive performance, Max Financial Services Ltd has faced a 4.14% decline in the last month, contrasting with the Nifty Financial Services index, which has dropped 0.87%. Today's trading volume for Max Financial stood at 3.99 lakh shares, below the monthly average of 10.24 lakh shares. The stock's April futures contract is currently priced at ₹1654.3, reflecting a 2.69% increase.
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The rise in Max Financial Services Ltd's stock price may positively influence investor confidence and could attract more investment in the financial services sector.
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