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Tip: Buy Max Financial Services, target price Rs 930 (India)

2022/12/08/14:19
in Financial insights
Reading Time: 2 mins read
253 2
A A
Tip: Buy Max Financial Services, target price Rs 930 (India)

Emkay Global has a buy call on. Max Financial Services NSE 0.33 % with a target price of Rs 930. The current market price of Max Financial Services is Rs 704.4.

Max Financial Services’ key Products/Revenue Segments include Income From Dividends, Income From the Sale of Shares & Securities, Sale of services, Rental Income and Interest for the year ending 31-Mar-2022.

Financials
For the quarter ended 30-09-2022, the company has reported a Consolidated Total Income of Rs 9322.59 Crore, up 184.58 % from last quarter Total Income of Rs 3275.89 Crore and down -.05 % from last year’s same quarter Total Income of Rs 9327.37 Crore. The company reported a net profit after tax of Rs 61.61 Crore in the latest quarter.

The company’s top management includes Mr Analjit Singh, Mr Mitsuru Yasuda, Mr Charles Richard Vernon Stagg, Mr D K Mittal, Mr Hideaki Nomura, Mr Jai Arya, Mr Aman Mehta, Ms Naina Lal Kidwai, Mr Sahil Vachani, Mr Mohit Talwar, Mr K Narasimha Murthy. The company has Deloitte Haskins & Sells LLP as its auditors. As of 30-09-2022, the company has a total of 35 Crore shares outstanding.

Source: Economic Times

Disclaimer: All trades that is made based on tips from newshub or from others published on newshub.finance are carried out at your own risk

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