Max India climbed 8.29 per cent to hit a fresh record high of Rs 110.35 apiece. From a June 13 low of Rs 64.50 apiece, the scrip has risen 71 per cent in the six months
Shares of Max India jumped 8 per cent in Friday's trade after Porinju Veliyath, known as smallcap czar, bought 2,30,000 shares of the company in a bulk deal on NSE. The shares were bought on Thursday at a price of Rs 100.31 apiece. Following the development, the scrip climbed 8.29 per cent to hit a fresh record high of Rs 110.35 apiece.
From a June 13 low of Rs 64.50 apiece, the scrip has risen 71 per cent in the six months.
Max India is the holding company of Max Group’s Senior Care business ‘Antara’, and a skilling company ‘Max Skill First’.
Antara, Max India’s flagship company operating in the senior care business, is an integrated service provider for all senior care needs. It operates across two lines of businesses - residences for seniors and assisted care services.
FIIs hold 7.11 per cent stake in this new Porinju Veliyath-owned small-cap stock, reveals shareholding pattern of the company for Q2FY23.
Porinju Veliyath publicly held over 1 per cent stake in 16 companies, with a net worth of over Rs. 183.5 crore. Among his biggest holdings are Orient Bell, Hindware Home Innovation, RPSG Ventures, Gati, Aurum Proptech and Shalimar Paints