India's Max Financial Services falls to four-month low

Max Financial Services

28/09/2022 09:38

** Shares of Indian investments and management advisory
services company Max Financial Services Ltd  MAXI.NS  fall as
much as 2.4% to 750 rupees, lowest since May 27
    ** Stock falls for fourth straight session
    **MAXI.NS top pct loser on India's Nifty Midcap index
.NIFMDCP100 
    ** More than 239,000 shares change hands by 0831 GMT vs
30-day avg of 493,454 shares
    ** All of the 15 analysts covering the stock have a "buy" or
"strong buy" rating; median PT is 1,050 rupees - Refinitiv data
    ** Stock down 21.6% so far this year as of last close vs a
0.93% fall in the Nifty Midcap 100 index .NIFMDCP100 
 (Reporting by Atreya Raghavan in Bengaluru)
 ((Atreya.Raghavan@thomsonreuters.com; Mobile: +91 8527959656))