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Closed Close 6 Oct

Max India Limited · Q4FY25

Result on 30 May 2025, first traded on 2 Jun 2025; judged on 15 Sep 2026. The last read before it, on 24 May 2025 (6 days ahead), called it unfavourable, rank 204 of 273 reporting; the share then beat the market over ten sessions. The company's page →

read wrongverdict
unfavourablethe read
+4.9%vs market, 10 sessions
+0.3%T+1

1 · What the read said

morning of 24 May
Read
unfavourable — rank 204 of 273 reporting that week
Composite
35.9 out of 100
Evidence
partial · 10 results on record
Expected move
±5.2% on the day — its average absolute move on results
Habit
mixed — the day-one move usually goes either way over the following sessions
Close that morning
₹183.85
Reactivity · 38% 72
Momentum · 25% 3
vs market · 38% 21
vs sector · 0% —

Each layer is a percentile among that week's reporters (0–100). A missing layer's weight is spread over the others.

Composite = 0.38 × 72.4 + 0.25 × 2.9 + 0.38 × 21.3 = 35.9

2 · What the result was

from the filing's XBRL

No reported figures on file for this quarter, so the result itself could not be graded — only the share's reaction was.

3 · What the share did

thirty sessions in, the result day, ten out · from the close before the result
session closed upsession closed downNIFTY 50 (market)run-up into the result
-10%0%+10%+20%+30%T−29result · 2 Jun 2025T+10NIFTY 50 +0.8%21 Apr 2025 run-up close +14.8% high +20.1% low +13.9%22 Apr 2025 run-up close +18.0% high +19.4% low +15.6%23 Apr 2025 run-up close +23.8% high +28.7% low +17.8%24 Apr 2025 run-up close +24.6% high +28.0% low +23.9%25 Apr 2025 run-up close +22.2% high +28.6% low +19.6%28 Apr 2025 run-up close +26.9% high +29.7% low +22.1%29 Apr 2025 run-up close +13.6% high +19.4% low +11.9%30 Apr 2025 run-up close +6.9% high +14.5% low +4.9%2 May 2025 run-up close +3.0% high +8.3% low +2.3%5 May 2025 run-up close +0.5% high +4.2% low 0.0%6 May 2025 run-up close -2.9% high +2.3% low -3.9%7 May 2025 run-up close -3.7% high -1.3% low -5.5%8 May 2025 run-up close -3.2% high -1.2% low -4.3%9 May 2025 run-up close -0.1% high +3.4% low -6.4%12 May 2025 run-up close +3.4% high +6.2% low +0.5%13 May 2025 run-up close +8.7% high +9.9% low +2.4%14 May 2025 run-up close +6.1% high +10.6% low +5.6%15 May 2025 run-up close +6.1% high +7.8% low +4.6%16 May 2025 run-up close +7.6% high +7.8% low +5.1%19 May 2025 run-up close +4.1% high +8.9% low +3.0%20 May 2025 run-up close +3.3% high +5.1% low +2.4%21 May 2025 run-up close +3.0% high +3.7% low +2.3%22 May 2025 run-up close +3.5% high +6.2% low +1.7%23 May 2025 run-up close +1.7% high +5.8% low +1.2%26 May 2025 run-up close +1.2% high +3.4% low -0.5%27 May 2025 run-up close +1.9% high +3.5% low 0.0%28 May 2025 run-up close +1.7% high +4.5% low +1.0%29 May 2025 run-up close +0.7% high +2.8% low -0.5%30 May 2025 run-up close 0.0% high +1.3% low -1.0%2 Jun 2025 result day close +1.0% high +5.1% low -1.0%3 Jun 2025 T+1 close +0.3% high +1.5% low -0.3%4 Jun 2025 T+2 close +0.5% high +3.1% low -0.5%5 Jun 2025 T+3 close +1.4% high +1.8% low -0.1%6 Jun 2025 T+4 close +0.1% high +2.3% low -0.5%9 Jun 2025 T+5 close -0.6% high +1.8% low -2.2%10 Jun 2025 T+6 close -0.6% high +2.8% low -1.5%11 Jun 2025 T+7 close +8.0% high +9.1% low -0.4%12 Jun 2025 T+8 close +5.2% high +8.5% low +2.8%13 Jun 2025 T+9 close +6.7% high +8.4% low +1.8%16 Jun 2025 T+10 close +5.7% high +7.3% low +2.8%+1.0% on the dayShare +5.7%NIFTY 50 +0.8%
Close before₹180.86the base every move below is measured from
T+1+0.3%less than 60% of its usual result-day move
T+10+5.7%market +0.8%
vs market+4.9%no sector index mapped
Best close after+8.0%traded as high as +9.1% on 11 Jun
Worst close after-0.6%traded as low as -2.2% on 9 Jun
Run-up, 30 sessions-16.3%flagged — a big move into the result
52-week range45% below high6% above low
Delivery share
+9.6 points in the fortnight before, against the month before that
Volume
0.45× its prior month, in the fortnight before
Habit held
mixed — could not be checked
Announced
Mon, timing unknown
Peers reporting
0 sector peers reported the same week

4 · Why it went this way

  • Fell 16% in the 30 sessions before the result — expectations were already low.
  • No reported figures on file for this quarter, so the result itself could not be judged.
  • Delivery share rose 10 points in the fortnight before — someone was taking stock home.

A strong or favourable read is right when the share beat the market by more than 2% over ten sessions; weak or unfavourable when it lagged by more. Inside ±2% is flat. Neutral reads make no call.

5 · Every morning's read before it

1 mornings
MorningDays aheadReadRankComp.L1L2L3L4CloseNote
24 May judged simulated 6 unfavourable 204/273 35.9 72 3 21 — ₹183.85

A read is made each morning the company is due within seven days. The highlighted morning is the last one before the result — the read this post-mortem judges. Excluded mornings show why the name dropped out that day.

6 · Every session in the window

the last stop · each close, and where it stood against the close before the result
SessionDateOpenHighLowCloseDayFrom baseNIFTY 50 from base
T-28 21 Apr 215.00 217.13 206.00 207.67 — +14.82% -2.53%
T-27 22 Apr 210.55 216.00 209.10 213.50 +2.81% +18.05% -2.36%
T-26 23 Apr 216.40 232.77 213.00 223.97 +4.90% +23.84% -1.70%
T-25 24 Apr 224.10 231.42 224.00 225.28 +0.58% +24.56% -2.04%
T-24 25 Apr 229.95 232.56 216.23 221.02 -1.89% +22.21% -2.87%
T-23 28 Apr 224.99 234.58 220.75 229.59 +3.88% +26.94% -1.71%
T-22 29 Apr 216.00 216.00 202.30 205.48 -10.50% +13.61% -1.68%
T-21 30 Apr 203.02 207.00 189.80 193.31 -5.92% +6.88% -1.68%
T-20 2 May 193.25 195.79 185.00 186.32 -3.62% +3.02% -1.63%
T-19 5 May 186.33 188.38 180.80 181.78 -2.44% +0.51% -1.17%
T-18 6 May 183.40 185.00 173.81 175.54 -3.43% -2.94% -1.50%
T-17 7 May 171.00 178.56 171.00 174.24 -0.74% -3.66% -1.36%
T-16 8 May 173.00 178.76 173.00 175.01 +0.44% -3.23% -1.93%
T-15 9 May 172.99 187.00 169.28 180.61 +3.20% -0.14% -3.00%
T-14 12 May 185.00 191.99 181.83 186.92 +3.49% +3.35% +0.70%
T-13 13 May 186.92 198.80 185.21 196.58 +5.17% +8.69% -0.70%
T-12 14 May 199.50 200.00 191.00 191.98 -2.34% +6.15% -0.34%
T-11 15 May 190.15 194.99 189.10 191.86 -0.06% +6.08% +1.26%
T-10 16 May 190.95 195.00 190.05 194.66 +1.46% +7.63% +1.09%
T-9 19 May 196.99 196.99 186.35 188.29 -3.27% +4.11% +0.79%
T-8 20 May 188.98 190.00 185.20 186.74 -0.82% +3.25% -0.27%
T-7 21 May 187.48 187.50 185.00 186.31 -0.23% +3.01% +0.25%
T-6 22 May 188.15 191.99 184.00 187.24 +0.50% +3.53% -0.57%
T-5 23 May 189.90 191.30 182.98 183.85 -1.81% +1.65% +0.41%
T-4 26 May 183.85 187.00 180.00 183.11 -0.40% +1.24% +1.01%
T-3 27 May 183.00 187.15 180.89 184.23 +0.61% +1.86% +0.31%
T-2 28 May 184.50 188.99 182.65 183.92 -0.17% +1.69% +0.01%
T-1 29 May 185.90 185.90 180.03 182.04 -1.02% +0.65% +0.33%
base 30 May 182.10 183.21 179.00 180.86 -0.65% +0.00% +0.00%
T+1 2 Jun result 181.20 190.00 179.00 182.64 +0.98% +0.98% -0.14%
T+2 3 Jun 181.20 183.53 180.25 181.47 -0.64% +0.34% -0.84%
T+3 4 Jun 180.76 186.45 179.99 181.70 +0.13% +0.46% -0.53%
T+4 5 Jun 182.10 184.10 180.61 183.33 +0.90% +1.37% +0.00%
T+5 6 Jun 185.00 185.00 180.01 181.01 -1.27% +0.08% +1.02%
T+6 9 Jun 180.40 184.10 176.96 179.86 -0.64% -0.55% +1.42%
T+7 10 Jun 182.86 185.96 178.17 179.69 -0.09% -0.65% +1.43%
T+8 11 Jun 180.17 197.35 180.17 195.30 +8.69% +7.98% +1.58%
T+9 12 Jun 196.27 196.27 186.00 190.27 -2.58% +5.20% +0.56%
T+10 13 Jun 190.27 196.00 184.20 192.92 +1.39% +6.67% -0.13%
T+11 16 Jun 191.00 194.00 186.01 191.19 -0.90% +5.71% +0.79%

Prices are end-of-day from the exchange, adjusted for corporate actions. "From base" is the move from the close before the result — the same base every number on this page uses. Sessions before the base are the run-up.