Max India Dips Below 1% After Block Deal

Max India on Friday’s morning session witnessed an exchange of 4.3% stake, valued at Rs 178 crore through a block deal on BSE. It corresponds to almost 1.1 crore shares.

Max India was trading lower by 1.4% at Rs 153.50 per share at 0934 hours on BSE. It hit a high of Rs 157.35 and a low of Rs 152.10 in the morning session. The stock witnessed a spurt in the volume of more than 112.89 times.

The stock has underperformed both BSE Small-cap Nifty Financial Services Index over a period of one year. Its closest peers include PTC India Financial Services and Ujjivan Financial Services.

Max India Limited is engaged in the business of investments and providing consultancy services to group companies. The company's segments are Healthcare Business, Business Investments, Health Insurance, Senior Living and Others.

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