India's Max Financial jumps on multiple block deals

Max Financial Services

06/04/2023 10:16

** Shares of Max Financial  MAXI.NS  rise as much as 2.19%
to 632.45 rupees
    ** Over 1.09 mln shares change hands in five blocks, as of
2:42 p.m. IST, at a price range between 618.35 rupees and 623
rupees - Refinitiv data
    ** Stock posts most active session since March 22
    ** Trading volume is 1.8 mln shares as of 2:42 p.m. IST, 2.5
times the 30-day avg
    ** 13 analysts rate stock equivalent of 'buy' or higher, and
one 'hold;' median PT is 952.50 rupees

 (Reporting by Bharath Rajeswaran in Bengaluru)
 ((bharath.rajeswaran@thomsonreuters.com; +91 9769003463))