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Max Financial Services Ltd696.20 -11.35 (-1.60%)

  • BSE: 542650
  • |
  • NSE: MFSL
  • |
  • ISIN NO: INE180A01020
  • |
  • INDUSTRY: Life Insurance
Profile

MFSL

Max Financial Services Limited or MFSL

MFSL or Max India was incorporated in 1988, and it is a multi-business enterprise. Also, the company has a business interest in the sectors of life insurance, healthcare, and clinical research. Also, the company has subsidiaries such as Max New York Life - a joint venture between Max India and New York Life; and Max Healthcare – that is engaged in providing healthcare services; and Max Bupa Health Insurance, which is a joint ve ... nture between Max India and Bupa Finance Plc. Also, the UK involved in the clinical research business and the Max Neeman – a manufacturer of specialty products for the industry of packaging. The Company also operates via 555 offices across more than 364 locations in the country. The company has an employee strength of approximately 92,000 people. It also has various divisions that have received ISO 9001:2000 and IS014001: 2004 certifications for their quality management. Earlier, the company had a business interest in several sectors of electronic component distribution, plating the chemicals, and penicillin-based bulk drugs and also the generic bulk drugs. But, later the company divested its business interests in such businesses.

Some of the Business Areas:

Max New York Life (MNYL) – Under this segment, the company has a joint venture between Max India and New York Life and was incorporated in the year 2000. Also, the company offers a spectrum of products in both individual and group life insurance solutions. Currently, it is among the leading private sector life insurance industries. Max Healthcare (MHC) – Under this segment, the company has a division that operates in 8 hospitals located in both Delhi and NCR. Such hospitals offer services in the area of orthopedics and joint replacement, pediatrics, neurosciences, obstetrics and gynecology, aesthetic and reconstructive plastic surgery and internal medicine. Max Bupa Health Insurance (MBHI) – It is a joint venture between Max India and UK–based Bupa Group. Max Neeman Medical International (MNMI) – This division is engaged in clinical research services that offer services in the entire value chain of new drug development in the area of pharmaceutical, biotech, and clinical research. The company has an employee base of 200 people. It operates through five regional offices in India and one business development office in the USA. Max Specialty Products (MSP) – The Company is engaged in manufacturing of a wide range of sophisticated barrier and packaging films. Annually the company’s BOPP film has an installed capacity of manufacturing 29,000 tonnes. The company's leather finishing foil unit produces a spectrum of leather finishing and laminating foils. In 2010 Max Bupa, the Health Insurance JV with the Bupa Group starts operations In 2013 Max India enters Senior Living with Antara Senior Living.

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Key Data
  • Market cap 16721.00 CR.
  • Book value 84.59
  • Stock P/E 238
  • Dividend Yield 0.00%
  • ROCE 18.52%
  • ROE 12.73%
  • Sales Growth (3Y) 24.62%
  • Face Value (3Y) 2.00
Trend Analysis
  • Short Term Trend :
    Up
  • Medium Term Trend :
    Up
  • Long Term Trend :
    Up

Are you friends with trend?

There is a saying in stock market, "Trend is your best friend"

It means, a good trader doesn't place his money against the trend. Many new traders lose money because they are trying to catch trend reversals but seasoned traders wait for a clear trend to emerge before taking the trade in the direction of trend.

Day Technicals

What is Opening Range Breakout?

An opening range breakout is breaking out of the day's range after a stock has moved for some time in a sideways trend. In technical terms, its a breakout from the support and resistance level in an upward or downward trend.

NR7

What is NR7 trading strategy?

Narrow Range trading strategy or NR7 Trading strategy is a breakout based method which assumes that the price of security trends up or down after a brief consolidation in a narrow range.

Opening Price clues

How to use Opening Price Clues in your trades?

If the stock has same open and high after it has traded for some time, it implies there was a consistent selling pressure that didn't allow the stock to move higher from the opening price. Similarly, if the stock has same open and low price, it implies there was a consistent buying intent that kept the stock price above the opening price.

Day High Low Range
TIME LOWEST HIGHEST
10 AM 692.25 708.70
11 AM 686.40 708.70
12 PM 686.40 708.70
1 PM 686.40 708.70
2 PM 686.40 708.70
3 PM 686.40 708.70
Japanese Candlestick Patterns
Candle Pattern 1 :None
Candle Pattern 2 : None
Candle Pattern 3 :None
Candlestick Price Action
Lower High Lower Low
Pivot Points
Name S4 S3 S2 S1 Pivot Points R1 R2 R3 R4
classic 648.68 669.68 690.68 699.12 711.68 720.12 732.68 753.68 774.68
woodie's 663.51 684.51 693.88 705.50 714.88 726.50 735.88 747.50 768.50
fibonacci - 690.68 698.70 703.66 711.68 719.71 724.67 732.68 -
camarilla 696.00 701.78 703.70 705.62 -- 709.48 711.40 713.32 719.10
Past Performance & Moving Averages
Day’s LOW HIGH RANGE SMA PERFORMANCE Nifty
10 DAY 679.05
740.45
713.10 -1.46 % 1.49 %
20 DAY 623.80
740.45
692.81 4.20 % 4.14 %
50 DAY 599.00
740.45
654.80 11.81 % 11.35 %
100 DAY 566.05
740.45
626.49 22.13 % 21.63 %
200 DAY 326.65
740.45
557.74 34.77 % 37.65 %
YTD 675.00
740.45
711.08 4.82 % 3.16 %
52 Week 276.35
740.45
516.74 37.39 % 18.15 %

Why are moving Averages important in technical Analysis?

An opening range breakout is breaking out of the day's range after a stock has moved for some time in a sideways trend. In technical terms, its a breakout from the support and resistance level in an upward or downward trend.

Gaps On Day Chart
Unfilled Gap Up On 2020-08-25
580.00 ~ 565.00 SUPPORT
Industry Growth Rate

In Last 1 Year the industry has grown by -22.93 %

In Last 5 Year the industry has grown by 0.00 %

Peer comparison

Sales

COMPANY NAME20152016201720182019
MFSL14907.0011710.0015247.0016338.0019498.00
ICICIPRULI34453.0020849.0037816.0038832.0041463.00
HDFCLIFE27215.0018141.0030647.0032260.0038391.00
Total 25525.00 16900.00 27903.33 29143.33 33117.33 25525.00

Financial

LAST FISCAL CURRENT GROWTH 10 YEAR CAGR
S.NO. COMPANY NAME MARKET CAP CMP BOOK VALUE EPS STOCK P/E ROE ICR REVENUE NET PROFIT NPM REVENUE NET PROFIT REVENUE NET PROFIT
1 HDFC Life Insurance Company Ltd 142258.23 704.90 31.48
2 SBI Life Insurance Company Ltd 91084.99 910.40 84.85
3 ICICI Prudential Life Insurance Company Ltd 71864.00 500.55 52.36
4 Max Financial Services Ltd 19029.21 705.05 79.64
Sales

What is Sales Trend ?

Sales trend is a methodology to understand sales results which helps in understanding the trends of the market over a specific period of time. Sales results are an indicative of the sales patterns followed by the customer over a time period.

Profitability

What is Profit & EPS Trend ?

EPS Trends was initially built in late 2015 when I was just getting into frontend development. Coming from a background in Rails, I was frustrated with how many decisions you had to make early on as a javascript developer.

Net Profit
EPS

What is EBITDA Margin & EBIT Margin ?

Corporate accounting is required to adhere to the standards and practices collectively referred to as the generally accepted accounting principles. EBITDA is an excellent way for corporate accountants to start compiling data, but it should not be considered an absolute result. This is due to the fact that many consider EBITDA more of a broad stroke than a definitive form of accounting practice.

EBITDA Margin
EBIT Margin
NPM
Cash Flow

Why is the Cash Flow Analysis important?

A business needs cash to pay its expenses, to pay bank loans, to pay taxes and to purchase new assets. A cash flow report determines whether a business has enough cash to do exactly this.

Operating Activities
Financing Activities
Investing Activities
Financial Health

What Is Financial Health?

Financial health is a term used to describe the state of one's personal monetary affairs. There are many dimensions to financial health, including the amount of savings you have, how much you’re putting away for retirement, and how much of your income you are spending on fixed or non-discretionary expenses.

Debt to Equity
Piotroski Score
  • 0
  • 1
  • 2
  • 3
  • 4
  • 5
  • 6
  • 7
  • 8
  • 9

What Is the Piotroski Score?

The Piotroski score is a discrete score between 0-9 that reflects nine criteria used to determine the strength of a firm's financial position.

Altman Z Score (Mfg Company)
  • Distress (< 1.81)
  • Caution (>1.81 < 2.99)
  • 4.11
    Safe (3 & above)
Altman Z Score (Non-Mfg Company)
  • Distress ( < 1.23)
  • Caution (>1.23 < 2.6)
  • 6.61
    Safe (2.6 & above)
Valuation

What Is Valuation?

Valuation is the analytical process of determining the current (or projected) worth of an asset or a company. There are many techniques used for doing a valuation. An analyst placing a value on a company looks at the business's management, the composition of its capital structure, the prospect of future earnings, and the market value of its assets, among other metrics.

MFSL: Future
TRADING SYMBOL OI VOLUME LAST PRICE LOT SIZE EXPIRY DATE
MFSL21JANFUT 5401500.00 1501500.00 697.20 1300 2021-01-28
MFSL21FEBFUT 45500.00 41600.00 703.50 1300 2021-02-25
MFSL21MARFUT 0.00 0.00 0.00 1300 2021-03-25
ROLLOVER COST: 0.90% (INR 6.30)
ROLLOVER%:0.84%
What is the significance of Rollover data?

Rollover in an important data point and should be analyzed in the expiry week. Rollover involves carry forwarding of ‘futures’ positions from one series (which is nearing expiry date) to the next one.

Rollover percentage actually indicates whether the traders are willing to carry forward their existing. positions (long or short) to the next series or not. Generally, the rollover figures alone will not indicate which direction traders are betting on. You should also check whether absolute open interest is increasing or decreasing over expiries

What is Options Max Pain Theory?

Options Max Pain Theory suggests,

“On option expiration day, the underlying stock price often moves toward a point that brings maximum loss to option buyers.”

Ratio Analysis

The Bank was incorporated in the year 2004 by Rana Kapoor and Late Ashok Kapur, which is a new age private sector bank. And since the inception of the bank has fructified into a “Full-Service Commercial Bank,” it has steadily built Corporate and Institutional Banking, Financial Markets, Investment Banking, Corporate Finance, Branch Banking, Business and Transaction Banking, and Wealth Management business lines across the whole country.

It is well-equipped to offer a spectrum of products and services to all the corporate and retail customers.

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Bulk Deals
Symbol Name Deal Date Client Name Transcation Type Quantity Price
MFSL 2020-09-28 MAX VENTURES INVESTMENT HOLDINGS PRIVATE LIMITED S 4333000.00 600.70
MFSL 2020-08-05 MAX VENTURES INVESTMENT HOLDINGS PRIVATE LIMITED S 6100000.00 535.18
MFSL 2017-09-15 BIRLA SUN LIFE MUTUAL FUND A/C BIRLA SUN LIFE FRONTLINE EQUITY F P 1510000.00 596.00
MFSL 2017-09-15 SBI MUTUAL FUND P 1670000.00 596.00
MFSL 2017-09-15 XENOK LIMITED S 11079700.00 599.95
MFSL 2017-08-16 MONEYLINE PORTFOLIO INVESTMENTS LIMITED S 8500000.00 605.02
MFSL 2017-04-21 CITIGROUP GLOBAL MARKETS MAURITIUS PRIVATE LIMITED P 1740000.00 615.00
MFSL 2017-04-21 XENOK LIMITED S 13000000.00 616.47
MFSL 2016-02-18 MONEYLINE PORTFOLIO INVESTMENTS LIMITED P 26570048.00 358.00
MFSL 2016-02-18 MAXOPP INVESTMENTS LTD S 18843919.00 358.00
MFSL 2016-02-18 P V T INVESTMENT LIMITED S 1489007.00 358.00
MFSL 2016-02-18 ANALJIT SINGH S 5866789.00 358.00
MFSL 2012-09-26 JM FINANCIAL PRODUCTS PRIVATE LIMITED S 5290000.00 189.01
MFSL 2012-09-26 DYNAVEST INDIA PVT LTD P 5290000.00 189.05
MFSL 2012-04-04 PARKVILLE HOLDINGS LIMITED S 1500000.00 175.00
MFSL 2012-01-23 FEDERATED KAUFMANN FUND S 1704116.00 155.00
MFSL 2012-01-23 RELIANCE CAPITAL TRUSTEE CO A/C RELIANCE GROWTH FUND P 1749433.00 155.00
MFSL 2012-01-20 FEDERATED KAUFMANN FUND S 1790066.00 155.00
MFSL 2012-01-20 RELIANCE CAPITAL TRUSTEE CO A/C RELIANCE GROWTH FUND P 3498404.00 155.00
MFSL 2010-04-16 NEW ASIA FUND S 1723895.00 184.07
MFSL 2009-07-17 WARBURG PINCUS INT. LLC A/C MELANY HOLDINGS LTD. S 3125000.00 197.01
MFSL 2009-07-17 WARBURG PINCUS INT. LLC A/C MADISON HOLDINGS LTD. S 3125000.00 197.01
MFSL 2009-04-02 T ROWE PRICE INTERNATIONAL AC NEW ASIA FUND P 1861300.00 104.00
MFSL 2009-03-31 FIDELITY FUNDS MAURITIUS LIMITED S 5399766.00 96.67
MFSL 2009-03-31 T ROWE PRICE INTERNATIONAL AC NEW ASIA FUND P 4484289.00 96.67
MFSL 2009-03-31 T ROWE PRICE INTERNATIONAL AC INTERNATIONAL DISCOVERY FUND P 1286887.00 96.67
MFSL 2008-05-08 CITIGROUP GLOBAL MKT MAURITIUS PVT LTD S 1533852.00 149.00
MFSL 2008-05-08 HSBC GLOBAL INVESTMENT FUNDS MAU LTD P 2935532.00 149.00
MFSL 2007-12-13 FIDELITY S 4420000.00 255.00
MFSL 2007-12-13 CAPITAL INTERNATIONAL P 4420000.00 254.99
MFSL 2004-12-14 CITIGROUP GLOBAL MARKET M S 226192.00 261.04
MFSL 2004-12-14 BNP PARIBAS ASSET MANAGME P 200000.00 261.00
MFSL 2004-05-04 CITIGROUP Global Markets P 907499.00 142.23
MFSL 2004-05-04 Carlson Fund Equity Asian S 900499.00 142.25
Block Deals
Symbol Name Deal Date Client Name Transcation Type Quantity Price
MFSL 2017-12-12 MORGAN STANLEY FRANCE SAS S 574750.00 554.75
MFSL 2017-12-12 MORGAN STANLEY MAURITIUS COMPANY LIMITED S 147064.00 554.75
MFSL 2017-12-12 SOCIETE GENERALE P 574750.00 554.75
MFSL 2017-12-12 SOCIETE GENERALE P 147064.00 554.75
MFSL 2017-09-15 XENOK LIMITED S 646081.00 596.00
MFSL 2017-09-15 XENOK LIMITED S 333619.00 596.00
MFSL 2017-09-15 XENOK LIMITED S 150000.00 596.00
MFSL 2017-09-15 MORGAN STANLEY (FRANCE) S.A. P 746381.00 596.00
MFSL 2017-09-15 MORGAN STANLEY (FRANCE) S.A. P 333619.00 596.00
MFSL 2017-09-15 SUNDARAM BNP PARIBAS MUTUAL FUND P 646081.00 596.00
MFSL 2017-09-15 GS MACE HOLDINGS LIMITED S 746381.00 596.00
MFSL 2017-09-15 DHFL PRAMERICA MUTUAL FUND P 150000.00 596.00
MFSL 2017-09-15 BIRLA MUTUAL FUND P 4530000.00 596.00
MFSL 2017-09-15 SBI MUTUAL FUND P 1670000.00 596.00
MFSL 2017-09-15 XENOK LIMITED S 4530000.00 596.00
MFSL 2017-09-15 XENOK LIMITED S 1670000.00 596.00
MFSL 2016-02-18 MONEYLINE PORTFOLIO INVESTMENTS LIMITED P 18843919.00 358.00
MFSL 2016-02-18 MONEYLINE PORTFOLIO INVESTMENTS LIMITED P 5866789.00 358.00
MFSL 2016-02-18 MONEYLINE PORTFOLIO INVESTMENTS LIMITED P 1489007.00 358.00
MFSL 2016-02-18 MONEYLINE PORTFOLIO INVESTMENTS LIMITED P 370333.00 358.00
MFSL 2016-02-18 MEDICARE INVESTMENTS LIMITED S 370333.00 358.00
MFSL 2016-02-18 MAXOPP INVESTMENTS LTD S 18843919.00 358.00
MFSL 2016-02-18 ANALJIT SINGH S 5866789.00 358.00
MFSL 2016-02-18 P V T INVESTMENT LIMITED S 1489007.00 358.00
MFSL 2014-03-13 ANUROOP SINGH S 1195900.00 202.00
MFSL 2014-03-13 DYNAVEST INDIA (P) LTD P 1195900.00 202.00
MFSL 2012-01-23 RELIANCE CAPTAL TRUSTEE CO A/C RELIANCE GROWTH FUND P 1749433.00 155.00
MFSL 2012-01-23 FEDERATED GLOBAL INVESTORS S 1749433.00 155.00
Dividend history
Ex Date Amount
2016-09-19 1.80
2015-11-19 1.80
2015-09-15 1.00
2014-11-25 4.00
2014-09-12 1.80
2013-11-21 1.80
2013-09-10 2.20
2012-11-22 10.00
2001-08-23 3.50
Bonus Data
Company Name Split Date From Value To Value
Split Data
Company Name Split Date From Value To Value