Max Ventures & Industries Ltd up by 12.01%: Traders Market Update | Espresso


Espresso Shot of the Day - Max Ventures and Industries Ltd up by 12.01 percent

October 07, 2022
Espresso Shot of the Day - Max Ventures and Industries Ltd up by 12.01 percent

MAX VENTURES AND INDUSTRIES LTD 197.25  (+12.01%) BSE – INE154U01015| 7th October 2022

Max Ventures and Industries Limited (MVIL), a part of the US$ 2 billion Max Group, is the holding company for Max Speciality Films, the innovation leader in the packaging, labeling and lamination films. MVIL also manages the Group’s interests in Real Estate, Learning and Investment through Max Estates, MAX Learning and MAX I respectively. Max Estates presents its customers with the highest possible standard of living while MAX Learning proposes to set up an international boarding school in the National Capital Region of Delhi and MAX, I resources offers Financial Capital to promising early-stage organizations across identified sunrise sectors. MVIL serves as the Group’s entrepreneurial arm to explore the ‘wider world of businesses in line with the government’s ‘Make in India’, ‘Skill India’ and ‘Digital India’ initiatives.

Recent Drivers

  • Nomination & Remuneration Committee of the Max Ventures and Industries approved the allotment of 9,896 Equity Shares with a face value of Rs. 10/- each to the option holders arising from the exercise of Stock Options granted to employees under ‘Max Ventures and Industries Employee Stock Plan – 2016’ of the Company on October 06, 2022.
  • Max Ventures and Industries announced on September 28, 2022, that its real estate arm Max Estates has onboarded New York Life Insurance Company (NYL), as the co-investor for its Office Project at Noida.
  • Max Estates Limited, wholly owned subsidiary of Max Ventures and Industries Ltd, has incorporated a wholly owned subsidiary in the name of Max Estates Gurgaon Limited, with an object to focus on real estate business of the company said on September 7,2022.
  • On August 8,2022, Max Ventures and Industries reported a quarterly net profit at Rs.6.29 crores in June 2022.
  • On August 8,2022, Max Ventures and Industries reported a net sale of Rs.27.32 crores in June 2022.

(Sources: BSE, Money control, Business Standard, Economics Times) 

Technical Force*

  • S&P BSE Smallcap month till date gain by 2.57%.
  • 3 months avg. NSE volume: 304,001.
  • Quantity traded: 1,35,389| Deliverable quantity: 19,117 (14.12%).
  • Stock price jumped by more than 120 % from a one-year low level: 85.40 (June 20, 2022)
  • Daily RSI (14) is near overbought territory today.
  • 52-week-high: 204.80| 52-week-low: 85.40.

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Some Key Ratios (Source: BSE)

Market Cap:  2,901.42 Crores

PE:  6.71

OPM%: 83.83

ROE%:  30.83

Promoters holding%: 49.54

Prev. Close:  176.10

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Chandresh Khona
by Chandresh Khona

Product Offerings Head

A teacher, writer, travel buff and now Espresso's Product Offerings Head. Ten years here has allowed me to lead the digital team at Sharekhan. My true passion lies in stock market charts.