Max Financial Services
Chart: 15 stocks in Nifty 500 continue to rise despite volatile sentiment
Volumes spurt were significantly higher during strong positive closes than during negative sessions.
 "Chart: 15 stocks in Nifty 500 continue to rise despite volatile sentiment")
Max Financial Services promoter offloads 1.7% stake for Rs 400 cr
Max Ventures Investment Holdings, a promoter of financial services firm Max Financial Services, on Wednesday offloaded 58.85 lakh shares in the company for Rs 400 crore through an open market transaction. According to the bulk deal data available with the National Stock Exchange (NSE), Max Ventures Investment Holdings sold 58,85,000 shares (1.7 per cent) of Max Financial Services. The shares were sold at an average price of Rs 679.2 per scrip, taking the aggregate value of transaction at Rs 399.70 crore. Following the stake sale, the shareholding of promoter have come down to 13.02 per cent from 14.72 per cent. Shares of Max Financial Services closed 1.67 per cent lower at Rs 688 apiece on NSE.
 "Max Financial Services promoter offloads 1.7% stake for Rs 400 cr")
Committed to Axis deal; will follow earlier methodology: Max Life CEO
Max Life and Max Financial Services are committed to going ahead with the deal with Axis Bank, which will see the latter acquire another 7 per cent stake in the life insurance company, said the CEO
 "Committed to Axis deal; will follow earlier methodology: Max Life CEO")
Buying IRCTC, Max Financial on dips may be a good idea; here's why
While the stock of max Financial Services has confirmed a major range breakout above 850-mark, the stock of IRCTC is in oversold zone, says Mehul Kothari of Anand Rathi
 "Buying IRCTC, Max Financial on dips may be a good idea; here's why")
Max Financial Services Q4 consolidated net profit doubles to Rs 144 cr
Max Life's assets under management (AUM) were at Rs 1,07,510 crore as on March 31, 2022, a rise of 19 per cent over the previous year
 "Max Financial Services Q4 consolidated net profit doubles to Rs 144 cr")
Trading strategies for SBI Life, ICICI Pru, HDFC Life ahead of LIC IPO
Except for Max Financial Services other insurance related shares seem to be on a weak ground, indicate technical charts.
 "Trading strategies for SBI Life, ICICI Pru, HDFC Life ahead of LIC IPO")
Max Financial Services profit declines 41% to Rs 47.65 cr in Sept quarter
The company on Tuesday reported an over 41 per cent decline in its consolidated net profit
 "Max Financial Services profit declines 41% to Rs 47.65 cr in Sept quarter")
Stocks to Watch: RIL, Aurobindo, BHEL, M&M, Jet Airways, IDFC, PowerGrid
FII fund flows, corporate earnings and ongoing IPOs likely to be in focus today
 "Stocks to Watch: RIL, Aurobindo, BHEL, M&M, Jet Airways, IDFC, PowerGrid")
Max Financial posts Q4 PAT at Rs 70 crore, revenue at Rs 9,760 crore
Max Financial Services Ltd (MFSL) has reported profit after tax of Rs 70 crore in the January to March quarter from Rs 6.7 crore in the year-ago period
 "Max Financial posts Q4 PAT at Rs 70 crore, revenue at Rs 9,760 crore")
Max Financial Services promoter sells shares worth Rs 85 cr via open market
Through a separate transaction, the shares were bought by New York Life Insurance Company at the same price
 "Max Financial Services promoter sells shares worth Rs 85 cr via open market")
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
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")
