MAXIND

Max India Share PriceMax India

₹143.95
-2.3 (-1.57%)
As on 02 December, 2023 | 18:14 BSE: 543223 NSE: MAXINDISIN: INE0CG601016

Max India Performance

Day Range

  • Low 141.50
  • High 147.00
₹ 143.95

52 Week Range

  • Low 76.00
  • High 195.00
₹ 143.95
  • Open Price147.00
  • Previous Close146.25
  • Volume71065

Start SIP in Max India

Start SIP

Max India Share Price

  • Over 1 Month 2.86%
  • Over 3 Month -5.79%
  • Over 6 Month 37.49%
  • Over 1 Year 52.01%

Max India Key Statistics

P/E Ratio -28.4
PEG Ratio 0.5
Market Cap Cr 621
Price to Book Ratio 1.1
EPS 2
Dividend 0
Relative Strength Index 48.42
Money Flow Index 39.31
MACD Signal 0.24
Average True Range 5.46

Max India Investment Rating

  • Master Rating:
  • Max India has an operating revenue of Rs. 189.31 Cr. on a trailing 12-month basis. An annual revenue de-growth of -10% needs improvement, Pre-tax margin of -1% needs improvement, ROE of -1% is poor and needs improvement. The company has a reasonable debt to equity of 4%, which signals a healthy balance sheet. The stock from a technical standpoint is trading close to its 50DMA and comfortably placed above its 200DMA, around 17% above 200DMA. It needs to take support around the 50 DMA level to continue further upside move. From an O'Neil Methodology perspective, the stock has an EPS Rank of 1 which is a POOR score indicating inconsistency in earnings, a RS Rating of 64 which is FAIR indicating the recent price performance, Buyer Demand at C which is evident from recent supply seen, Group Rank of 65 indicates it belongs to a poor industry group of Medical-Hospitals and a Master Score of C is fair but needs to improve. Institutional holding has gone up in the last reported quarter is a positive sign. Overall, the stock has mediocre technical strength and poor fundamentals, there are superior stocks in the current market environment.

EPS Strength

Price Strength

Buyer Demand

Group Rank

Max India Financials
IndicatorSep 2023Jun 2023Mar 2023Dec 2022Sep 2022Jun 2022Mar 2022
Oper Rev Qtr Cr 8888889
Operating Expenses Qtr Cr 6776666
Operating Profit Qtr Cr 2222232
Depreciation Qtr Cr 1111111
Interest Qtr Cr 0000000
Tax Qtr Cr 000-2011
Net Profit Qtr Cr 1118122
IndicatorMar 2023Mar 2022
Total Revenue Annual Cr 3334
Operating Expenses Annual Cr 2424
Operating Profit Annual in Cr 99
Depreciation Cr 22
Interest Annual Cr 00
Tax Annual Cr -11
Net Profit Annual Cr 126
IndicatorMar 2023Mar 2022
Cash from Operating Activity Annual Cr -17-8
Cash from Investing Activity Annual Cr 10918
Cash from Financing Annual Activity Cr -920
Net Cash Flow Annual Cr 010
IndicatorMar 2023Mar 2022
Total ShareHolders Funds Annual Cr 858936
Fixed Assets Annual Cr 9999
Total Non Current Assets Annual Cr 577537
Total Current Assets Annual Cr 292411
Total Assets Annual Cr 868947
IndicatorMar 2023Mar 2022
Book Value Per Share Annual Rs 199174
ROE Annual % 11
ROCE Annual % 11
Total Debt to Total Equity Annual --
EBDIT Annual Margin % 2931
IndicatorSep 2023Jun 2023Mar 2023Dec 2022Sep 2022Jun 2022Mar 2022
Oper Rev Qtr Cr 49415643584450
Operating Expenses Qtr Cr 54535546554453
Operating Profit Qtr Cr -5-122-33-1-3
Depreciation Qtr Cr 2223222
Interest Qtr Cr 1122121
Tax Qtr Cr 326-432-4
Net Profit Qtr Cr -5-12-4-1-2-5-2
IndicatorMar 2023Mar 2022
Total Revenue Annual Cr 213237
Operating Expenses Annual Cr 201231
Operating Profit Annual in Cr 1-1
Depreciation Cr 89
Interest Annual Cr 610
Tax Annual Cr 7-2
Net Profit Annual Cr -10-18
IndicatorMar 2023Mar 2022
Cash from Operating Activity Annual Cr 6966
Cash from Investing Activity Annual Cr 12432
Cash from Financing Annual Activity Cr -119-94
Net Cash Flow Annual Cr 755
IndicatorMar 2023Mar 2022
Total ShareHolders Funds Annual Cr 542637
Fixed Assets Annual Cr 159155
Total Non Current Assets Annual Cr 291305
Total Current Assets Annual Cr 462549
Total Assets Annual Cr 753854
IndicatorMar 2023Mar 2022
Book Value Per Share Annual Rs 126118
ROE Annual % -2-3
ROCE Annual % 10
Total Debt to Total Equity Annual --
EBDIT Annual Margin % 63

Max India Technicals

EMA & SMA

Current Price
₹143.95
-2.3 (-1.57%)
pointer
  • Bullish Moving Average
  • ___
  • 6
  • Bearish Moving Average
  • ___
  • 10
  • 20 Day
  • ₹144.75
  • 50 Day
  • ₹144.91
  • 100 Day
  • ₹141.17
  • 200 Day
  • ₹128.88
  • 20 Day
  • ₹145.21
  • 50 Day
  • ₹143.31
  • 100 Day
  • ₹150.64
  • 200 Day
  • ₹122.89

Max India Resistance and Support

PIVOT
₹144.15
Resistance
First Resistance 146.80
Second Resistance 149.65
Third Resistance 152.30
RSI 48.42
MFI 39.31
MACD Single Line 0.24
MACD 0.07
Support
First Resistance 141.30
Second Resistance 138.65
Third Resistance 135.80

Max India Delivery and Volume

Period NSE + BSE Volume Avg NSE + BSE Delivery Volume Avg NSE + BSE Delivery Volume %
Day 76,604 4,781,622 62.42
Week 52,476 3,434,521 65.45
1 Month 58,245 3,578,582 61.44
6 Month 216,217 9,385,985 43.41

Max India Result Highlights

Max India Synopsis

NSE-Medical-Hospitals

Max India belongs to the Industry of Hospitals & Medical Services. Company’s Total Operating Revenue is Rs. 32.54 Cr. and Equity Capital is Rs. 43.03 Cr. for the Year ended 31/03/2023. Max India Ltd. is a Public Limited Listed company incorporated on 23/01/2019 and has its registered office in the State of Maharashtra, India. Company’s Corporate Identification Number(CIN) is L74999MH2019PLC320039 and registration number is 320039.
Market Cap 621
Sales 32
Shares in Float 2.12
No of funds 15
Yield
Book Value 0.72
U/D Vol ratio 0.8
LTDebt / Equity
Alpha 0.17
Beta 1.22

Max India

Owner NameSep-23Jun-23Mar-23Dec-22
Promoters 50.94%51.11%51.11%51.11%
Mutual Funds
Foreign Portfolio Investors 10.59%10.71%11.26%11.38%
Financial Institutions/ Banks
Individual Investors 32.37%33.27%32.99%32.08%
Others 6.1%4.91%4.64%5.43%

Max India Management

Name Designation
Mr. Analjit Singh Founder & Chairman
Ms. Tara Singh Vachani Vice Chairperson
Mr. Rajit Mehta Managing Director
Mr. Mohit Talwar Non Executive Director
Mr. Pradeep Pant Independent Director
Mr. Ashok Kacker Independent Director
Ms. Sharmila Tagore Independent Director
Ms. Bhawna Agarwal Independent Director
Dr. Ajit Singh Independent Director
Mr. Niten Malhan Independent Director
Mr. Rohit Kapoor Independent Director

Max India Forecast

Price Estimates

2,000(9.8%)
1,758(-3.5%)
1,590(-12.7%)

Other Analyst Rating

Max India Corporate Action

Date Purpose Remarks
2023-10-26 Quarterly Results
2023-08-11 Quarterly Results
2023-05-25 Audited Results
2023-02-02 Quarterly Results
2022-08-04 Quarterly Results

Max India MF Shareholding

Name Amount(cr)
DSP Healthcare Fund Regular Growth 1,718

Max India FAQs

What is Share Price of Max India ?

Max India share price is ₹143 As on 02 December, 2023 | 18:00

What is the Market Cap of Max India ?

The Market Cap of Max India is ₹621.4 Cr As on 02 December, 2023 | 18:00

What is the P/E ratio of Max India ?

The P/E ratio of Max India is -28.4 As on 02 December, 2023 | 18:00

What is the PB ratio of Max India ?

The PB ratio of Max India is 1.1 As on 02 December, 2023 | 18:00

Q2FY23