Max India shares up 7 percent


Max India shares up 7 percent
Bangalore: Max India, a multi business company, ended the trading as one of the top gainers of the day with a gain of 7.35 percent (15.60). The stock of Max opened its account today slightly higher and maintained its momentum throughout the day. During the day, the stock touched a high of 232.15 and low of 213.30. Overall, 1,935,740 shares were traded through the day with a current P/E ratio at 119.95. With 2,310,056 units of shares Sundaram BNP Paribas Select Midcap holds the largest number of shares in the company. The stock chart for 52-week is given on left. Max India is an India-based company. The company is a multi-business company focused on people and service oriented businesses. It has seven segments: specialty plastic products, healthcare business, business investment, life insurance, healthcare staffing services, clinical research services and others. Its subsidiaries include Max New York Life, a joint venture between Max India and New York Life; Max Healthcare, a subsidiary of Max India Limited; Max Bupa Health Insurance, a joint venture between Max India and Bupa Finance and Max Neeman, a fully owned subsidiary of Max India. The company also has its interest in manufacture of specialty products for the packaging industry, through Max Specialty Products, specializing in the manufacture of packaging unmetallised biaxially oriented polypropylene (BOPP) films and metallised BOPP films including high barrier films, thermal lamination films and leather finishing foils. Out of five stock analysts following Max India currently, the consensus recommendation is buy.