Max India Ltd (MAXIND)

₹266.25▲2.74%

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Overview

Fundamentals

Q3 '23 Results

Technicals

News and Events

Max India Ltd share Performance

₹246.95
₹272.1
₹266.25
7.25%
Low
Day's Volatility:9.45%
High
2.20%
₹89
₹272.1
₹266.25
66.57%
Low
52 Weeks Volatility:68.77%
High
2.20%

Returns %
1 Month Return	22.75 %
3 Month Return	25.89 %
1 Year Return	178.07 %

Market Stats
Previous Close	₹259.15
Open	₹268.10
Volume	2.36L
Upper Circuit	-
Lower Circuit	-
Market Cap	₹1,149.42Cr

Company Information

Max India Ltd., formerly known as Advaita Allied Health Services Ltd, is a multibusiness corporate and the parent company of Max Group's Senior Care business - Antara. Antara provides services to seniors over the age of 55 that need immersive interventions in their daily lives due to medical or age-related issues and holds two lines of businesses - Assisted Care services and independent Residences for seniors. The Max Group has global partnerships with Mitsui Sumitomo (Japan) and Toppan (Japan) for its Life Insurance and Speciality Films businesses, respectively, and with New York Life for Max India and MaxVIL. Recent awards and recognition include the win of Top 25 Brands with Best Inhouse Comms Professionals in 2021, the Porter Prize 2014, 18th Best Annual Report in the World, Felicitation with the Platinum category in LACPs Annual Report Competition 2012–13, Vision Awards, Max India was awarded the Midas Certificate. Post fulfilment of the terms and conditions, the company issued and allotted 537,862,61 Equity Shares of Rs. 10/ each of Max India to the Shareholders of erstwhile Max India Limited (in exchange of 268,931,305 Shares of Rs. 2/ each being held by them) as on the Record Date i.e. June 15, 2020.

Share Price: ₹266.25 per share as on 30 Apr, 2024 04:01 PM
Market Capitalisation: ₹1,149.42Cr as of today
Revenue: ₹40.69Cr as on December 2023 (Q4 23)
Net Profit: ₹-17.90Cr as on December 2023 (Q4 23)
Listing date: 28 Aug, 2020
Chairperson Name: Analjit Singh

Organisation	Max India Ltd
Headquarters	Noida
Industry	Miscellaneous
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Key events for Max India Ltd

Max India Ltd's High P/S Ratio Raises Concerns - 27 Apr, 2024
Max India Ltd's high price-to-sales ratio of 5.2x is not supported by recent revenue growth, causing concern among investors. Unless there is a significant improvement in the company's medium-term performance, it will be difficult to prevent the P/S ratio from declining to a more reasonable level.

Fundamentals of Max India Ltd

Insights on Max India Ltd

Insights help you understand the recent movement of the company's critical parameters, giving you an overall view of the company.

POSITIVE IMPACT
Price Rise
In the last 7 days, MAXIND stock has moved up by 15.8%
POSITIVE IMPACT
Retail Holding Up
Retail Investor have increased holdings from 38.04% to 38.71% in Mar 2024 quarter
POSITIVE IMPACT
Best in 3 Years
In the last 3 years, MAXIND has outperformed top 5 stocks with highest market-cap in Healthcare Facilities & Services
NO EFFECT
Promoter Holding Unchanged
Promoters holdings remained unchanged at 50.94% of holdings in Mar 2024 quarter
NO EFFECT
Against Peers
In the last 1 year, Global Health Ltd has given 181.4% return, outperforming this stock by 3.4%
NEGATIVE IMPACT
FII Holding Down
Foreign Institutions have decreased holdings from 10.32% to 9.54% in Mar 2024 quarter
NEGATIVE IMPACT
Revenue Fall
Revenue is down for the last 2 quarters, 55.25 Cr → 45.21 Cr (in ₹), with an average decrease of 18.2% per quarter
NEGATIVE IMPACT
Profit Down
Netprofit is down for the last 2 quarters, -4.7 Cr → -17.9 Cr (in ₹), with an average decrease of 280.9% per quarter