India's Max Financial set for first weekly loss in eight

Max Financial Services

04/07/2025 10:53

** Shares of Max Financial Services MAXI.NS set to snap seven straight weeks of gains with around 3% drop

** On Wednesday after close, insurer reported cyber threat at its unit, said detailed investigation is underway

** Stock fell around 3% in last two sessions; last trading nearly 2% lower at 1,590 rupees

** Avg rating from 21 analysts is "buy"; median PT is 1,530 rupees - data compiled by LSEG

** YTD, stock up nearly 43%

 (Reporting by Hritam Mukherjee in Bengaluru)

 ((Hritam.Mukherjee@thomsonreuters.com;))