Max Financial Services Ltd (MFSL)
₹1001.65
Max Financial Services Ltd share Performance
- ₹998₹1032₹1001.65
0.36%
Low
Day's Volatility:3.39%
High
3.03%
- ₹632.05₹1092₹1001.65
36.90%
Low
52 Weeks Volatility:45.92%
High
9.02%
| Returns % | |
| 1 Month Return | 1.67 % |
| 3 Month Return | 17.52 % |
| 1 Year Return | 60.29 % |
| Market Stats | |
| Previous Close | ₹1,023.85 |
| Open | ₹1,023.85 |
| Volume | 10.05L |
| Upper Circuit | - |
| Lower Circuit | - |
| Market Cap | ₹35,334.58Cr |
Analyst Rating
based on 16 analysts
Based on 16 analysts offering long term price targets for Max Financial Services Ltd. An average target of ₹1205
Source: S&P Global Market Intelligence
Company Information
Share Price: ₹1001.65 per share as on 03 May, 2024 04:01 PM
Market Capitalisation: ₹35,334.58Cr as of today
Revenue: ₹0.00Cr as on December 2023 (Q4 23)
Net Profit: ₹171.21Cr as on December 2023 (Q4 23)
Listing date: 13 Dec, 1994
Chairperson Name: Analjit Singh
| Organisation | Max Financial Services Ltd |
| Headquarters | Noida |
| Industry | Finance |
| E-voting on shares | Click here to vote |
Key events for Max Financial Services Ltd
Max Financial Services Ltd has high institutional ownership - 28 Apr, 2024
With 57% institutional ownership and top 7 shareholders holding 52%, Max Financial Services stock price may be vulnerable to their trading decisions. Researching institutional ownership is a good way to gauge and filter the stock's expected performance.
Max Financial Services Promoters Increase Pledge on Holdings - 16 Apr, 2024
In Q4FY24, Max Financial Services' promoters increased their pledge on holdings from 59.57% to 69.15%. The company's revenue grew by 38.89%, but profits decreased from Rs. 269 Crores to Rs. 171 Crores.
Max Life Insurance Crosses ₹1.5 Lakh Crore AUM Mark - 15 Apr, 2024
Max Life Insurance, a joint venture between Max Financial Services and Axis Bank, has crossed the ₹1.5-lakh crore mark in assets under management as of March 31, 2024. The company's AUM has seen a 1.5x increase since September 2021, reflecting a growth rate of over 20% YoY. Max Life's gross written premium grew by 16% to ₹18,793 crore in first nine months of FY24.
Max Financial Services Ltd's P/S ratio lower than industry median despite superior revenue growth - 01 Apr, 2024
Max Financial Services Ltd has a P/S ratio of 0.8x, lower than the Indian insurance industry median of 1.3x. The company delivered exceptional revenue growth of 37% in the last year and is estimated to grow at 8.8% per year for the next three years, higher than the industry forecast of 6.7%. However, the consistent P/S ratio with the rest of the industry may indicate investor skepticism towards future growth expectations.
Fundamentals of Max Financial Services Ltd
Insights on Max Financial Services Ltd
Insights help you understand the recent movement of the company's critical parameters, giving you an overall view of the company.
POSITIVE IMPACTPrice Rise
In the last 3 months, MFSL stock has moved up by 17.5%
- POSITIVE IMPACT
Retail Holding Up
Retail Investor have increased holdings from 5.70% to 5.85% in Mar 2024 quarter
- POSITIVE IMPACT
Revenue Rich
Revenue is up for the last 3 quarters, 9.17K Cr → 12.35K Cr (in ₹), with an average increase of 13.8% per quarter
- POSITIVE IMPACT
Profit Spike
Netprofit is up for the last 4 quarters, 45.89 Cr → 148.56 Cr (in ₹), with an average increase of 29.6% per quarter
- POSITIVE IMPACT
MF Holding Up
Mutual Funds have increased holdings from 31.93% to 34.59% in Mar 2024 quarter
NO EFFECTPromoter Holding Unchanged
Promoters holdings remained unchanged at 6.52% of holdings in Mar 2024 quarter
- NO EFFECT
Against Peers
In the last 1 year, Life Insurance Corporation of India has given 81.2% return, outperforming this stock by 20.9%
- NO EFFECT
Against Peers
In the last 3 years, SBI Life Insurance Company Ltd has given 52.4% return, outperforming this stock by 38.0%
NEGATIVE IMPACTFII Holding Down
Foreign Institutions have decreased holdings from 29.02% to 25.85% in Mar 2024 quarter
Max Financial Services Ltd Valuation
Max Financial Services Ltd in the last 5 years
Lowest (24.85x)
March 23, 2020
Industry (31.23x)
May 2, 2024
Today (82.17x)
May 2, 2024
Highest (165.96x)
January 11, 2022
Mutual Fund Holdings
Shareholding Pattern
| Investors | Holdings % | Prev. 1 periods | 3M change |
|---|---|---|---|
| Promoter Holdings | 6.52% | 0.00 | |
| Foreign Institutions | 25.85% | 0.00 | |
| Mutual Funds | 34.59% | 0.00 | |
| Retail Investors | 5.85% | 0.00 | |
| Others | 27.2% | 0.00 |
Technicals of Max Financial Services Ltd share
News & Events of Max Financial Services Ltd
Frequently Asked Questions
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Max Financial Services Ltd (MFSL) share price today is ₹1001.65
Max Financial Services Ltd is listed on NSE
Max Financial Services Ltd is listed on BSE
- Today’s highest price of Max Financial Services Ltd is ₹1032.
- Today’s lowest price of Max Financial Services Ltd is ₹998.
PE Ratio of Max Financial Services Ltd is 82.17
PE ratio = Max Financial Services Ltd Market price per share / Max Financial Services Ltd Earnings per share
Today’s traded volume of Max Financial Services Ltd(MFSL) is 10.05L.
Today’s market capitalisation of Max Financial Services Ltd(MFSL) is ₹35334.58Cr.
| Max Financial Services Ltd(MFSL | Price |
|---|---|
52 Week High | ₹1092 |
52 Week Low | ₹632.05 |
Max Financial Services Ltd(MFSL) share price is ₹1001.65. It is down -8.27% from its 52 Week High price of ₹1092
Max Financial Services Ltd(MFSL) share price is ₹1001.65. It is up 58.48% from its 52 Week Low price of ₹632.05
| Max Financial Services Ltd(MFSL | Returns |
|---|---|
1 Day Returns | -22.2% |
1 Month Returns | 1.67% |
3 Month Returns | 17.52% |
1 Year Returns | 60.29% |