Page 2 - Max Financial Services

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 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

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 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

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

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

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 falls 8.5% on report of merger delay

Fall offers attractive entry, feel analysts

Max Financial Services falls over 12% on reports of merger delay

The scrip opened at Rs 616 and has touched a high and low of Rs 616 and Rs 541 respectively

MFs sold 16 million shares of Max Financial Services in 2 months

Heavy selling came when, after the HDFC-Max deal, the counter was hitting a 52-week high

Does Max Financial benefit more from the merger?

Apart from swap ratio, non-compete fee to Max Financial promoters, use of 'Max' brand name and payment of royalty seem to give edge to Max Life

Max Financial Services hits 52-week high

In past two trading sessions, the stock rallied 24% as compared to 0.61% rise in the S&P BSE Sensex.

Max Fin shares zoom 20% on merger with HDFC Life

Shares of HDFC too rose by 1.99 per cent

Max Financial Services soars over 15% on heavy volumes

The stock zoomed 20% to Rs 514, also its 52-week high on the BSE in intra-day trade.