The counter has had a total trading volume of 5323 shares so far with a value of Rs 0.43 crore on the NSE. It traded at a price-to-earnings multiple of 111.49 and a price-to-book ratio of 6.61.
A higher price-to-earnings ratio shows that investors are willing to pay a higher price for the earnings per rupee generated by the stock due to better future growth expectations.
The price-to-book ratio indicates the intrinsic value of a company and reflects the price that investors are willing to pay even if the company does not grow.
The certificate is down 20.76% over the past year, while the 30-stock index is up 2.89% over the same period.
Max Financial Services Ltd. belongs to the Insurance – Life segment.
Promoters held 14.72% of the company’s capital as of March 31, 2022, while foreign investors and domestic institutional investors held 23.26% and 28.05% respectively.
Key financial data
The company reported consolidated sales of Rs 8962.31 crore for the quarter ended March 31, 2022, up 28.87% from Rs 6954.76 crore in the previous quarter and up 8.18% from to Rs 9760.31 crore in the prior year quarter.
Profit for the last quarter stood at Rs 117.68 crore, up 88.77% from the same quarter a year ago.