Max Financial Services is a company offering financial services in India. The price of stocks, especially financial stocks like Max Financial Services stocks, are affected by several elements. These may potentially include the following:
MAX Financial Services is a part of the conglomerate, the MAX group. This is a company which is engaged in developing and nurturing investments for businesses and offering management advisories to Indian corporations. The company also has an active role in the management of MAX Life Insurance.
The long-term potential of MAX Financial Services depends on a range of factors, including industry trends, market conditions and the company's capability in the execution of strategic initiatives. Growth potential for the company may be present as the insurance and finance sectors are evolving in India, and the company has a proven track record of being customer-centric.
Given all this, MAX Financial Services had posted a net sales of Rs. 19497.62 crores in March 2019, which had risen to Rs. 31181.14 crores in March 2022. Net profit was at Rs. 416.47 crores in March 2019, and at Rs. 318.4 crores in March 2022.
The last dividend for MAX Financial Services stock was paid in 2016. This was in the amount of Rs. 1.8/share. There is no announcement concerning any impending dividend.
Dividends have been paid on stock of MAX Financial services from 2012 to 2016, after which no dividends have been announced/paid.
No bonus shares are being offered by MAX Financial Services.