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Max Financial Services Ltd (MAXI.NS)

MAXI.NS on National Stock Exchange of India

467.50INR
14 Aug 2018
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Rs652.90
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Rs403.25

Latest Key Developments (Source: Significant Developments)

Max Financial Services Acquires 0.74 Pct Additional Stake In Max Life Insurance
Friday, 23 Mar 2018 02:25am EDT 

March 23 (Reuters) - Max Financial Services Ltd ::SAYS ‍​CO ACQUIRED 0.74 PERCENT ADDITIONAL STAKE IN MAX LIFE INSURANCE CO FOR ABOUT 1.53 BILLION RUPEES.SAYS ‍​CO'S STAKE IN MAX LIFE INSURANCE CO INCREASED TO 70.75 PERCENT.  Full Article

India's Max Financial Services Dec Qtr Profit Rises
Friday, 9 Feb 2018 03:28am EST 

Feb 9 (Reuters) - Max Financial Services Ltd ::DEC QUARTER NET PROFIT 888 MILLION RUPEES.DEC QUARTER REVENUE FROM OPERATIONS 1.20 BILLION RUPEES.NET PROFIT IN DEC QUARTER LAST YEAR WAS 804.9 MILLION RUPEES; REVENUE FROM OPERATIONS WAS INR 1.03 BILLION.SAYS APPROVED RAISING FUNDS UP TO 50 BILLION RUPEES.  Full Article

India's Max Financial Services Sept-qtr loss widens
Monday, 13 Nov 2017 03:14am EST 

Nov 13 (Reuters) - Max Financial Services Ltd ::Sept quarter net loss 193.8 million rupees.Sept quarter revenue from operations 55.4 million rupees.Net loss in sept quarter last year was 131.2 million rupees; revenue from operations was 129.6 million rupees.  Full Article

Max Financial Services says Moneyline Portfolio Investments reduces stake in co to 6.76 pct
Friday, 18 Aug 2017 02:20am EDT 

Aug 18 (Reuters) - Max Financial Services Ltd ::Says Moneyline Portfolio Investments reduces stake in co by 3.18 percent to 6.76 percent.  Full Article

India's Max Financial Services June-qtr profit down about 38 pct
Wednesday, 9 Aug 2017 08:00am EDT 

Aug 9 (Reuters) - Max Financial Services Ltd ::June quarter net profit after tax 665.8 million rupees.June quarter total revenue 917.5 million rupees.Net profit after tax in June quarter last year was 1.07 billion rupees; total revenue was 1.32 billion rupees.  Full Article

Standard Life notes Max Financial Services withdrawal of merger with HDFC Life
Monday, 31 Jul 2017 11:14am EDT 

July 31 (Reuters) - Standard Life Plc :HDFC ANNOUNCED THAT, SINCE PARTIES UNABLE TO OBTAIN REGULATORY APPROVALS TO COMPLETE PROPOSED MERGER, SAID AGREEMENTS STAND TERMINATED."PARTIES WILL NOT BE PURSUING PROPOSED MERGER UNDER SAME".  Full Article

Max Financial Services says inordinate time for finalization led to withdrawal of merger with HDFC Life
Monday, 31 Jul 2017 01:48am EDT 

July 31 (Reuters) - Max Financial Services Ltd :Inordinate time associated with finalization and approval of structures led to withdrawal of merger with HDFC Life.Will pursue acquisition opportunities as the industry further consolidates.  Full Article

Max Financial Services withdraws merger agreement with HDFC Standard Life Insurance
Monday, 31 Jul 2017 01:08am EDT 

July 31 (Reuters) - Max Financial Services Ltd ::Amalgamation agreement between co, Max Life Insurance, Max India and HDFC Standard Life Insurance is not being extended further.Says proposed scheme and applications filed in this regard with stock exchanges should be kindly treated as withdrawn.  Full Article

India's Max Financial Services March-qtr loss narrows
Tuesday, 30 May 2017 04:13am EDT 

May 30 (Reuters) - Max Financial Services Ltd ::March quarter net loss 204.9 million rupees.March quarter total revenue 71.3 million rupees.Net loss in March quarter last year was 238.3 million rupees; total revenue was 131 million rupees.  Full Article

Max Financial Services Dec-qtr profit falls
Friday, 10 Feb 2017 03:32am EST 

Max Financial Services Ltd : Dec quarter net profit 804.9 million rupees . Dec quarter total income from operations 1.03 billion rupees .Net profit in Dec quarter last year was 1.27 billion rupees as per Ind-AS; total income from operations was 1.36 billion rupees.  Full Article

BRIEF-Max India To Consider Buying Life Healthcare's Stake In Max Healthcare After Valuation Of Max Healthcare Shares

* CLARIFIES ON NEWS ITEM ON ANALJIT SINGH IN TALKS TO BUY LIFE HEALTHCARE GROUP'S 47.5 PERCENT IN MAX HEALTHCARE