Barclays overweight on Max India, shares gain 3%

Diversified conglomerate Max India climbed three percent on Thursday after the research house Barclays said that it is overweight on the stock.

"High competition, strict regulations and a moderate growth outlook make this a tough operating market. Hence, insurers owned by or partnering with large banking groups are best placed," Barclays explained.

The target price for the stock is at Rs 291, according to the report.

At 11:57 hours IST, shares gained 2.9 percent at Rs 225.05 on Bombay Stock Exchange.

The share touched its 52-week high Rs 266.70 and 52-week low Rs 169.50 on 05 December, 2012 and 29 March, 2012, respectively. 

Currently, it is trading 15.62% below its 52-week high and 32.77% above its 52-week low.

Anda sedang membaca artikel tentang

Barclays overweight on Max India, shares gain 3%

Dengan url

https://rokokkanker.blogspot.com/2013/03/barclays-overweight-on-max-india-shares.html

Anda boleh menyebar luaskannya atau mengcopy paste-nya

Barclays overweight on Max India, shares gain 3%

namun jangan lupa untuk meletakkan link

Barclays overweight on Max India, shares gain 3%

sebagai sumbernya