Page 2 - Max Financial Services
Max Financial Services: Focus back on fundamentals as Axis deal concludes
December quarter results propped up by single premium products, protection plans stagnating
 "Max Financial Services: Focus back on fundamentals as Axis deal concludes")
Max Financial surges 10% as Axis entities get nod for stake buy in Max Life
IRDAI has given its approval for the acquisition of up to 12 per cent stake in Max Life Insurance by Axis Bank and its subsidiaries Axis Capital and Axis Securities
 "Max Financial surges 10% as Axis entities get nod for stake buy in Max Life")
Axis entities get Irdai approval to acquire stake in Max Life Insurance
Axis Entities will have the right to acquire another 7 per cent in the life insurance company, in or more tranches
 "Axis entities get Irdai approval to acquire stake in Max Life Insurance")
Max Financial surges 7%, scales record high post strong Q3 results
Max Life Insurance demonstrated a resilient performance amid a challenging macro environment with 21 per cent annual premium equivalent (APE) growth
 "Max Financial surges 7%, scales record high post strong Q3 results")
Here's a Bull Spread Strategy on Max Financial Services by HDFC Securities
The stock price has already broken out on the daily chart on 6th January. Moreover, insurance as a sector is showing strength on the chart
 "Here's a Bull Spread Strategy on Max Financial Services by HDFC Securities")
Max Financial gets approval for share swap agreement with Mitsui Sumitomo
The transaction entails swapping Mitsui Sumitomo's 20.6 per cent stake in Max Life Insurance with 21.9 per cent stake in Max Financial Services
 "Max Financial gets approval for share swap agreement with Mitsui Sumitomo")
Max Financial reports 26% rise in net profit to Rs 81 cr in Sept quarter
The company had posted a net profit of Rs 64 crore in the corresponding period of the previous fiscal
 "Max Financial reports 26% rise in net profit to Rs 81 cr in Sept quarter")
Axis Bank, Max Fin: How to trade these stocks after a tweak in the deal
Max Financial may see a follow-up buying, eventually resulting in an optimistic medium term outlook.
 "Axis Bank, Max Fin: How to trade these stocks after a tweak in the deal")
Axis Bank to buy 29% in Max Life Insurance, raise its total stake to 30%
After the completion of a series of transactions, Max Life will become a 70:30 joint venture between MFS and Axis Bank
 "Axis Bank to buy 29% in Max Life Insurance, raise its total stake to 30%")
YES Bank fiasco, double-blow for Max Financial; analysts caution investors
Max Life has Rs 2,000 crore exposure to YES Bank's tier-2 bonds and the latter accounts for 11 per cent of its bancassurance channel
 "YES Bank fiasco, double-blow for Max Financial; analysts caution investors")
Max Financial extends rally on Axis Bank deal, up 15% in two days
Axis Bank, Max Financial, and Max Life signed a confidentiality and exclusivity arrangement to explore the possibility of Axis Bank entering into a long-term strategic partnership with Max Life
 "Max Financial extends rally on Axis Bank deal, up 15% in two days")
Max Financial surges 16% on report of Axis Bank eyeing stake in Max Life
According to the report, Axis Bank is in talks to acquire more than 20 per cent stake in Max Life Insurance through fresh issue of equity
 "Max Financial surges 16% on report of Axis Bank eyeing stake in Max Life")
Top trading ideas by CapitalVia: Buy JSW Steel, Max Financial Services
Technical Calls by Gaurav Garg, Head of Research at CapitalVia Global Research Limited- Investment Advisor
Max Financial Services stock offers opportunity for bottom-fishing
Firm addressing concerns over pledged shares, Axis Bank tie-up
 "Max Financial Services stock offers opportunity for bottom-fishing")
Max Financial net profit down 30% to Rs 391 cr in FY19, revenue up 17%
The net profit was lower compared to the previous year, largely due to one-time expenses for pursuing an inorganic opportunity for Max Life
 "Max Financial net profit down 30% to Rs 391 cr in FY19, revenue up 17%")
New York Life picks up 2% stake in Max Financial Services for Rs 2.15 bn
Max Financial Services is the holding company of Max Life, a non-bank, private life insurance firm
Market share loss fears priced in for Max Financial, stock falls over 35%
With strong growth in premium income and profitability, the stock offers better risk-reward, say analysts
 "Market share loss fears priced in for Max Financial, stock falls over 35%")
Analjit Singh appointed as chairman of Max Financial Services Ltd
At its meeting earlier today, the Board of Max Financial Services (MFS) (BSEMax Financial Services is the listed holding company for Max Life Insurance Company and was formed soon after the demerger of Max India Limited. That demerger resulted in the creation of three independent listed entities, namely, Max Financial Services, Max India Limited and Max Ventures & Industries Limited, collectively comprising the Max Group.Analjit Singh is the sponsor and principal shareholder of MFS, Max India and MVIL. He replaces Ms. Naina Lal Kidwai who was appointed Chairman of Max Financial Services on 15th January, 2016."After Chairing the Board of Max Financial Services for the last two and a half years I have come to realise the amazing strengths of the company and the high quality of its underlying life insurance business, and management. I suggested to Analjit, that as the "principal sponsor" of MFS, it is only appropriate that he Chairs the Board of the Company," said Naina Lal Kidwai."I
With most negatives priced in, worst seems over for Max Financial investors
Analysts believe the stock has bottomed out
 "With most negatives priced in, worst seems over for Max Financial investors")
Max Financial net profit jumps 51% at Rs 593 cr in FY17
Max Financial Services posted net profit of Rs 393 crore in preceding fiscal ended March 2016
 "Max Financial net profit jumps 51% at Rs 593 cr in FY17")
