Fan Site: Inspired, Not Endorsed, By Rakesh Jhunjhunwala

Posts tagged Max Financial Services

Max Financial Services is awaiting reverse merger approval, a key catalyst. Buy for target price of ₹1850 (15% upside): Sharekhan



Max Financial Services share price target

Over the past three years, Axis Max life has posted strong industry leading APE growth of 18% with 13% VNB CAGR. The management aspires to continue to grow APE in mid-teens (300-400 bps higher than industry) with VNB margin at 24-25% in FY26. The company is focusing on further scaling up the proprietary channel, improving bancassurance productivity, maintain leadership in protection and online distribution

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