Max Financial Services Ltd hits 52-week high on strong Q3 results
February 10, 2021
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On the NSE, it was trading at ₹792.60, up ₹54.55 or 7.39 per cent. It hit a 52-week high of ₹798.95
The shares of Max Financial Services Ltd. (MFSL) hit fresh highs on Wednesday after the company recorded a strong performance in Q3 FY21.
At 11:40 am, the company was trading at ₹792.65 on the BSE, up ₹54.75 pr 7.42per cent. It hit a 52-week high of ₹798.75. It opened at ₹749.90 as against the previous close of ₹737.90. On the NSE, it was trading at ₹792.60, up ₹54.55 or 7.39 per cent. It hit a 52-week high of ₹798.95.
The company on Tuesday announced its financial results for the quarter ended December 31, 2020. The company recorded a consolidated Profit After Tax (PAT) ₹227 crore, up 54 per cent year-on-year in Q3. MFSL’s consolidated revenues were up 68 per cent YoY at ₹8,990 crore due to higher investment income.