Max India disclosed a 83.98 per cent fall in standalone net profit at Rs 2 crore for the 2ndquarter ended September 30. The company had registered a net profit of Rs 12.49 crore in the corresponding period of previous financial year. Total income of the company slipped by 33.97 per cent to Rs 17.72 crore during the second quarter from Rs 26.84 crore in the year-ago period, Max India’s BSE filing read. In a separate filing, Max India mentioned the appointment of Dinesh Kumar Mittal as an Independent Director of the company. Shares of Max India settled 2.07 per cent higher at Rs 142.70 apiece on the BSE.
Last day, i.e on 9th Nov, Max India share price was trading at Rs. 143.50. The stock opened at Rs. 130.00 as compared to its previous closing at Rs. 140.00. The stock touched the days high and low at Rs. 143.90 and Rs. 120.00.
Max India share price touched its 52 week high value at Rs. 180.00. on 14th July ’16 whereas the 52 week low is seen at Rs. 119.00 on 5th August ‘16. The Average Daily Movement of the stock is 5.63 and its average volume for last 20 days is 550974. The stock yields 0.35 per cent monthly returns. The market cap of the company amounts to Rs. 3813.94 (Cr) and has a book value of Rs. 61.33.
Max India is analyzed by Dynamic Levels as the top 500 performing stocks for this quarter among the 1700 stocks which are listed on the NSE. Max India is fundamentally strong and is safe for investment, as per Dynamic analysts.
In order to know about the support and resistance levels of the scrip and also its fundamentals and financials, please a pay a visit to Max India share price history.
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