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Max Financial Services Ltd stays in demand

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Capital Market
Last Updated : Mar 08 2019 | 1:50 PM IST

Max Financial Services Ltd is quoting at Rs 415.55, up 1.43% on the day as on 12:49 IST on the NSE. The stock is down 12.52% in last one year as compared to a 7.73% gain in NIFTY and a 13.57% gain in the Nifty Financial Services.

Max Financial Services Ltd rose for a fifth straight session today. The stock is quoting at Rs 415.55, up 1.43% on the day as on 12:49 IST on the NSE. The benchmark NIFTY is down around 0.37% on the day, quoting at 11017.2. The Sensex is at 36612.75, down 0.31%. Max Financial Services Ltd has added around 10.23% in last one month.

Meanwhile, Nifty Financial Services index of which Max Financial Services Ltd is a constituent, has added around 0.77% in last one month and is currently quoting at 11613.8, down 0.31% on the day. The volume in the stock stood at 3.37 lakh shares today, compared to the daily average of 5.84 lakh shares in last one month.

The benchmark March futures contract for the stock is quoting at Rs 417.5, up 1.61% on the day. Max Financial Services Ltd is down 12.52% in last one year as compared to a 7.73% gain in NIFTY and a 13.57% gain in the Nifty Financial Services index.

The PE of the stock is 75.38 based on TTM earnings ending December 18.

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First Published: Mar 08 2019 | 1:00 PM IST

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