Max India is currently trading at Rs. 392.00, up by 8.75 points or 2.28 % from its previous closing of Rs. 383.25 on the BSE.
The scrip opened at Rs. 398.00 and has touched a high and low of Rs. 402.15 and Rs. 388.55 respectively. So far 100311 shares were traded on the counter.
The BSE group 'A' stock of face value Rs. 2 has touched a 52 week high of Rs. 442.70 on 12-Nov-2014 and a 52 week low of Rs. 177.60 on 20-Feb-2014.
Last one week high and low of the scrip stood at Rs. 407.80 and Rs. 368.90 respectively. The current market cap of the company is Rs. 10446.49 crore.
The promoters holding in the company stood at 40.47 % while Institutions and Non-Institutions held 50.86 % and 8.66 % respectively.
Shares of insurance service providers like Max India came into jubilant mood as the government approved the recommendations made by the parliamentary panel on insurance bill. Amendment to the insurance bill seeks to raise foreign direct investment in the sector to 49 per cent from 26 per cent currently.
