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Max Financial Services Ltd eases for fifth straight session

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Capital Market
Last Updated : Sep 28 2018 | 1:50 PM IST

The stock is quoting at Rs 417, down 0.49% on the day as on 13:19 IST on the NSE. Max Financial Services Ltd tumbled 29.43% in last one year as compared to a 12.07% rally in NIFTY and a 6.63% spurt in the Nifty Financial Services index.

Max Financial Services Ltd dropped for a fifth straight session today. The stock is quoting at 417, down 0.49% on the day as on 13:19 IST on the NSE. The benchmark NIFTY is down around 0.07% on the day, quoting at 10969.9. The Sensex is at 36376.11, up 0.14%.Max Financial Services Ltd has eased around 11.72% in last one month.Meanwhile, Nifty Financial Services index of which Max Financial Services Ltd is a constituent, has eased around 10.24% in last one month and is currently quoting at 10524.95, up 0.7% on the day. The volume in the stock stood at 6.46 lakh shares today, compared to the daily average of 9.61 lakh shares in last one month.

The benchmark October futures contract for the stock is quoting at Rs 418.05, down 0.98% on the day. Max Financial Services Ltd tumbled 29.43% in last one year as compared to a 12.07% rally in NIFTY and a 6.63% spurt in the Nifty Financial Services index.

The PE of the stock is 85.5 based on TTM earnings ending June 18.

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First Published: Sep 28 2018 | 1:35 PM IST

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