India, Oct. 31 -- The recommendation comes despite a slowdown in the company's new business growth during Q2 FY27. However, improving profitability, a shift towards higher-margin insurance products and expectations of stronger growth in the second half have kept the brokerage optimistic. The important question is whether these improvements are sufficient to justify such substantial upside

With a market capitalization of Rs. 41,413.77 crore, the shares of Max Financial Services Ltd were trading at Rs. 1,200 per share, down 0.99 percent from its previous closing price of Rs. 1,212 apiece. The stock trades at a P/E of 180.42x on a consolidated basis.

Growth Slows, but Profitability Improves Max Financial Services has attracted attention a...