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Max India Limited
Share Price Target & Analysis

NSE:MAXIND

270.20

VWAP

273.80

Open

269.95

Close

283.40

High

262.40

Low

283.40

52 Week High

265.00 ⇩
-4.95 (-1.83%)

MAXIND

(FINANCIAL SERVICES)
90.5% Momentum

Trending & Favourite

89.00

52 Week Low

2.4

EPS

60.27

PE

1.33

PB

Economical
Quality

Diamond
Valuation

#Analysis

NSE: MAXIND Share Price Financial Analysis & Valuation

Max India Limited (MAXIND) is broadly categorized in FINANCIAL SERVICES segment industry which deals in Finance - Investment vertical. It is one of Micro Cap company with Market Capitalization of Rs 407.7 (in Cr). Total number of free float shares are 0 (in Lacs). Max India Limited is listed on NSE with Exchange ID - INE0CG601016 and trading code is NSE:MAXIND with short name Max India.

In the past 1 year, Max India Limited has declared an equity dividend of Rs 0 per share. At the current share price of MAXIND at Rs 265.00, this results in a dividend yield of 0 %.

As per the Fundamental Analysis of NSE:MAXIND, which uses revenues, earnings, future growth, financial ratios, return on equity, profit margins, and other data to determine MAXIND underlying value and future prospects. All of this data is available in MAXIND financial statements.

Quality of the Stock: As per the fundamental analysis of NSE:MAXIND, it is clearly understood that MAXIND is Economical performer in terms of earnings and profit margins with an EPS of 2.4. NSE:MAXIND book value per share as of today is 198.73. The current price to book ratio for MAXIND as of May 03, 2024 is 1.33.

Valuation of the Stock: The current valuation of MAXIND stock is like Diamond which means currently the stock is Very Expensive. Now, it's totally depends upon the risk appetite of an investor and risk-reward ratio of MAXIND whether to BUY this stock at current valuation. The delivery percentage of MAXIND is 46.03% is very crucial parameter which shows that 46.03% investors are anticipating that the price of MAXIND share should go up with VWAP at 270.20.

Now, the main question is whether to BUY or SELL, NSE:MAXIND at current valuation.
As per latest Analysis No. #1028:-

⇑ STRONG BUY MAXIND if All Greens

⇗ BUY MAXIND (at Lower Levels) if any 2 Greens

⇒ NEUTRAL or HOLD MAXIND (With Stop Loss) if only 1 Green

⇘ SELL MAXIND if NO Green Indicator

NSE: MAXIND Share Price Today (May 03, 2024)

(Max India Limited Daily Analysis on the basis of MAXIND Intraday Graph & Trend)

Max India Limited share price moved Down by -1.83% from its previous close of Rs 269.95. MAXIND stock last traded price is 265.00. MAXIND share price trend is Down with a total of 112898 stocks traded till now. It has touched an intraday high of Rs 283.40 and an intraday low of Rs 262.40. The MAXIND trading at 265.00, Down by Rs. -4.95, or -1.83 percent which suggests that most of the Traders are anticipating that the price of MAXIND share should go Down.

NSE: MAXIND Share Price Tomorrow Prediction

(Max India Limited Share Price Prediction for Tomorrow & future forecast is based on Current Trend of MAXIND)

Max India Limited share price moved Down by -1.83%. MAXIND share price short term trend is Down. It suggests that MAXIND Share Price for Tomorrow remains the same with VWAP at 270.20 will be treated as stop loss for intraday traders. Max India Limited Long term investors can follow the MAXIND long term trend as mentiond in future forecast table.

NSE Code

NSE: MAXIND

MAXIND Share Price Today

 265.00

MAXIND Share Price Target Prediction for 2024 ^

 179.5 - 284.8

MAXIND Share Price Target Prediction for 2025*^

 284.8 - 303.4

MAXIND Share Price Target Prediction for 2026*^

 303.4 - 324.6

MAXIND Share Price Target Prediction for 2027*^

 341

MAXIND Share Price Target Prediction for 2028*^

 351

MAXIND Share Price Target Prediction for 2030*^

 382
MAXIND Current Book Value 2023
197.7

*Max India Limited Short Term & Long Term share price target is based on current financial year earings of the company.
^MAXIND share price target prediction for 2024 2025 & 2026 to 2030 is based on current market scenario, future forecast & growth assumptions, they might change subject to market sentiments.

MAXIND Technical Analysis

Candlestick Pattern: @259.15

MAXIND Moving Averages

BUY (14) NEUTRAL (0) SELL (0)
MA Simple Action S1 Expo Action E2
MA_5 241 BUY 243.65 BUY
MA_12 231.43 BUY 232.7 BUY
MA_20 224.78 BUY 227.51 BUY
MA_32 217.21 BUY 220.93 BUY
MA_50 211.92 BUY 215.37 BUY
MA_100 206.37 BUY 203.54 BUY
MA_200 175.14 BUY 176.9 BUY

MAXIND Trend Oscillators

BUY (3) NEUTRAL (1) SELL (0)
Trend Oscillators Value Action
Bollinger Bands 250.92 OverBought
MACD 2.93 BUY
ADX 20.56 NO or Weak Trend
DMI (+/-) 30.49 / 10.3 Uptrend

MAXIND Momentum Oscillators

BUY (9) NEUTRAL (3) SELL (0)
Momentum Oscillators Value Action
RSI 71.52 Overbought
STOCHASTIC_K (Fast) 101.58 Overbought
STOCHASTIC_D (Slow) 93.75 Overbought
CCI 228.65 BUY
PSAR 222.88 BUY
TRUE RANGE 12.3 Neutral
ATR 12.19 Neutral
WILLIAMS R 0 Overbought
TRIX 0 Neutral
STOCHASTIC RSI K 100 Overbought
STOCHASTIC RSI D 97.81 Overbought
MOMENTUM 61 BUY

MAXIND Last 1 Year Trend

Duration Value
1 Year 182.14%
3 Months 21.87%
1 Month 30.78%
1 Week 14.01%

MAXIND Technical Analysis Summary

Updated on 2024-04-29
Action Overall (%)
BUY 87%
NEUTRAL / HOLD 13%
SELL 0%

Most popular Questions & Answers about MAXIND


Max India Limited stock last traded price is 265.00. MAXIND share price moved Down by -1.83% from its previous close of Rs 269.95.

Max India Limited share price trend is Down with a total of 112898 stocks traded till now. It has touched an intraday high of Rs 286.234 and an intraday low of Rs 262.40. The MAXIND trading at 265.00, Down by Rs. -4.95, or -1.83 percent which suggests that most of the Traders are anticipating that the price of MAXIND share should go Down and the Stop Loss will be around 270.20.

The market cap of Max India Limited is ₹407.7 (in Cr) as of May 02, 2024.

The current price to earning ratio for Max India Limited as of May 02, 2024 is 60.27.

The current price to book ratio for Max India Limited as of May 02, 2024 is 1.33.

The highest price of Max India Limited stock is ₹283.40 in the last 52-week.

The lowest price of Max India Limited stock is ₹89.00 in the last 52-week.

Max India Limited share trading at ₹265.00, Down by Rs. -4.95, or -1.83 percent which suggests that most of the traders are anticipating that the price of MAXIND share should go Down.

In 2023, Stock price target for Max India Limited (MAXIND) are ₹179.5 on downside and ₹284.8 on upside. Max India Limited share price target is based on current financial year earings of the company.

In 2024, Stock price target for Max India Limited (MAXIND) are ₹284.8 on downside and ₹303.4 on upside. Max India Limited share price target is based on forecasted future earnings of the company.

In 2025, Stock price target for Max India Limited (MAXIND) are ₹303.4 on downside and ₹324.6 on upside. Max India Limited share price target is based on Discounted Cash Flow (DCF) method uses the projected future cash flows of the business.

In next five years, Stock price target for Max India Limited (MAXIND) will be around ₹351 Max India Limited share price target is based on market scenario & growth assumptions, they might change subject to market sentiments and forecasted future earnings of MAXIND.

As per the fundamental analysis of Max India Limited (MAXIND), it is of Economical quality in terms of earnings and profit margins with an EPS of 2.4. Max India Limited book value per share as of today is 198.73. The current price to book ratio for MAXIND as of May 03, 2024 is 1.33.


NSE:MAXIND News & Other Useful Information about MAXIND Share Price


Peer Comparison of NSE: MAXIND

The Peers list includes companies operating in the same industry and having comparable market cap.

Sector: Finance - Investment

Company Price EPS BV
CAMS 3310.00 63.43 148.18
UTIAMC 953.75 47.19 263.13
ABSLAMC 546.95 26.87 87.09
IIFLSEC 146.30 15.58 37.38
ANANDRATHI 3998.45 52.94 119.53
PRUDENT 1658.35 22.41 64.35
SMCGLOBAL 163.55 11.09 73.35
MAXIND 265.00 2.4 198.73
SCAPDVR 3.05 0 0
IDFNIFTYET 242.14 0 0
Updated at: 03 May 2024 10:01

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