Max Financial shares surge over 2% after Rs 399 crore block deal

 

Max Financial shares rose 2.5% to Rs 1,145.80 after a Rs 399 crore block deal.

Max Ventures may offload 1.59% stake at Rs 1,117.6 per share.

Q3 results: Net profit fell 62.3% YoY to Rs 56 crore, NII surged 61.2%.

Stock performance: Up 13.2% in a year, down 6.5% in six months.