Max India rose 1.88% at Rs 189.75 at 9:16 IST on BSE after net profit surged 176.68% to Rs 73.68 crore on 16.58% growth in total income to Rs 295.54 crore in Q3 December 2013 over Q3 December 2012.
The Q3 result was announced after market hours on Wednesday, 12 February 2014.
Meanwhile, the S&P BSE Sensex was up 38.59 points or 0.19% at 20,487.08.
On BSE, so far 1,270 shares were traded in the counter as against average daily volume of 7,987 shares in the past two weeks.
The stock hit a high of Rs 191 and a low of Rs 190.70 so far during the day.
Max India Group is a multi-business corporate. The company is into life insurance and health insurance businesses through its subsidiaries and joint ventures. The company also provides healthcare services.
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