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Stock 360: Tracking Max Financial Services

Max Financial Services hit a fresh 52 week high and was the best performing financial sector stock for November 21; in fact, it's up 4 percent this month and up 26 percent this year and is the best performing insurance stock this year.

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By Anuj Singhal  Dec 21, 2020 5:56:22 PM IST (Published)

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Max Financial Services hit a fresh 52 week high and was the best performing financial sector stock for November 21; in fact, it's up 4 percent this month and up 26 percent this year and is the best performing insurance stock this year.

The trigger, a block deal, we believe one of the large private equity investors has sold the last remaining chunk and has taken out the major supply overhang and that's why the stock is doing well.
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