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Max Financial Services is currently trading at Rs. 785.10, up by 7.35 points or 0.95% from its previous closing of Rs. 777.75 on the BSE.

The scrip opened at Rs. 776.00 and has touched a high and low of Rs. 788.35 and Rs. 771.65 respectively. So far 5353 shares were traded on the counter.

The BSE group 'A' stock of face value Rs. 2 has touched a 52 week high of Rs. 1147.90 on 29-Jul-2021 and a 52 week low of Rs. 697.05 on 09-May-2022.

Last one week high and low of the scrip stood at Rs. 835.45 and Rs. 764.90 respectively. The current market cap of the company is Rs. 26934.48 crore.

The promoters holding in the company stood at 14.72%, while Institutions and Non-Institutions held 77.28% and 8.00% respectively.

In order to deliver superior customer experience, Max Financial Services’ subsidiary company -- Max Life Insurance Company has launched a smart solution ‘Insta confirmation of insurance (Insta-COI)’+, to customers buying the ‘Max Life Smart Fixed-return Digital Plan’, a non-linked, non-participating, individual life insurance savings plan on Max Life website or Policybazaar platform.

The Insta-COI feature enables intimation to the proposer regarding the commencement of the risk cover pending release of the policy contract ensuring a quick and hassle-free onboarding.  Strengthened by AI-enabled smart underwriting, this solution is currently applicable for certain low-risk prospects choosing a sum assured of up to Rs 25 lakh.

Max Financial Services is a part of the Max group, an Indian multi business corporation.