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Closed Close 7 Oct

Max Financial Services Ltd. · Q2FY26

Result on 11 Nov 2025, first traded on 12 Nov 2025; judged on 15 Sep 2026. The last read before it, on 8 Nov 2025 (3 days ahead), called it strong, rank 69 of 445 reporting; the share then beat the market over ten sessions. The company's page →

read rightverdict
strongthe read
+4.2%vs market, 10 sessions
+4.4%T+1

1 · What the read said

morning of 8 Nov
Read
strong — rank 69 of 445 reporting that week
Composite
70.1 out of 100
Evidence
full · 12 results on record
Expected move
±5.3% 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
₹1,618.10
Reactivity · 30% 71
Momentum · 20% 79
vs market · 30% 91
vs sector · 20% 29

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

Composite = 0.30 × 70.9 + 0.20 × 78.8 + 0.30 × 90.8 + 0.20 × 29.0 = 70.1

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%-5%0%+5%+10%T−29result · 12 Nov 2025T+10NIFTY 50 +2.0%29 Sep 2025 run-up close -4.6% high -4.3% low -6.1%30 Sep 2025 run-up close -3.6% high -2.9% low -4.8%1 Oct 2025 run-up close -0.8% high -0.3% low -4.6%3 Oct 2025 run-up close -1.9% high +0.8% low -2.2%6 Oct 2025 run-up close -1.8% high -0.4% low -2.4%7 Oct 2025 run-up close -3.0% high -1.4% low -3.3%8 Oct 2025 run-up close -4.1% high -2.3% low -4.3%9 Oct 2025 run-up close -2.4% high -2.1% low -5.2%10 Oct 2025 run-up close -3.3% high -2.0% low -3.4%13 Oct 2025 run-up close -1.7% high -1.4% low -3.3%14 Oct 2025 run-up close -1.5% high -0.8% low -2.1%15 Oct 2025 run-up close -1.6% high 0.0% low -2.0%16 Oct 2025 run-up close -5.1% high -2.2% low -5.7%17 Oct 2025 run-up close -5.4% high -4.5% low -6.4%20 Oct 2025 run-up close -6.2% high -5.2% low -6.8%21 Oct 2025 run-up close -5.8% high -5.4% low -6.5%23 Oct 2025 run-up close -6.3% high -5.4% low -6.7%24 Oct 2025 run-up close -7.2% high -5.9% low -7.6%27 Oct 2025 run-up close -7.5% high -5.9% low -8.2%28 Oct 2025 run-up close -6.8% high -6.5% low -7.8%29 Oct 2025 run-up close -7.1% high -5.5% low -7.7%30 Oct 2025 run-up close -4.8% high -4.3% low -7.4%31 Oct 2025 run-up close -5.4% high -4.2% low -5.6%3 Nov 2025 run-up close -4.6% high -4.1% low -6.4%4 Nov 2025 run-up close -2.6% high -2.2% low -4.5%6 Nov 2025 run-up close -3.1% high -1.4% low -3.3%7 Nov 2025 run-up close -1.1% high -0.1% low -4.5%10 Nov 2025 run-up close -1.0% high +0.2% low -1.4%11 Nov 2025 run-up close 0.0% high +0.4% low -2.2%12 Nov 2025 result day close +5.1% high +5.6% low -2.2%13 Nov 2025 T+1 close +4.4% high +5.8% low +3.4%14 Nov 2025 T+2 close +2.3% high +4.4% low +1.6%17 Nov 2025 T+3 close +3.8% high +4.4% low +2.6%18 Nov 2025 T+4 close +2.7% high +4.4% low +2.6%19 Nov 2025 T+5 close +2.0% high +3.2% low +1.3%20 Nov 2025 T+6 close +3.5% high +4.0% low +1.5%21 Nov 2025 T+7 close +1.6% high +5.0% low +0.7%24 Nov 2025 T+8 close +2.7% high +3.1% low +0.3%25 Nov 2025 T+9 close +3.8% high +4.1% low +2.1%26 Nov 2025 T+10 close +6.2% high +6.4% low +4.2%+5.1% on the dayShare +6.2%NIFTY 50 +2.0%
Close before₹1,635.50the base every move below is measured from
T+1+4.4%a real move — at least 60% of its usual
T+10+6.2%market +2.0% · sector +1.9%
vs market+4.2%vs sector +4.3%
Best close after+6.2%traded as high as +6.4% on 26 Nov
Worst close after+1.6%traded as low as -2.2% on 12 Nov
Run-up, 30 sessions+4.5%into the result
52-week range1% below high66% above low
Delivery share
+2.5 points in the fortnight before, against the month before that
Volume
1.42× its prior month, in the fortnight before
Habit held
mixed — could not be checked
Announced
Wed, timing unknown
Peers reporting
11 sector peers reported the same week

4 · Why it went this way

  • No reported figures on file for this quarter, so the result itself could not be judged.
  • Went into the result within 3% of its 52-week high.
  • 11 sector peers reported the same week; the sector read may already have been set.

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
8 Nov judged simulated 3 strong 69/445 70.1 71 79 91 29 ₹1,618.10

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 baseNIFTY FINANCIAL SERVICES from base
T-28 29 Sep 1,545.60 1,565.00 1,535.10 1,559.80 — -4.63% -4.13% -4.66%
T-27 30 Sep 1,558.90 1,588.20 1,557.00 1,575.90 +1.03% -3.64% -4.22% -4.61%
T-26 1 Oct 1,566.00 1,630.00 1,560.00 1,621.90 +2.92% -0.83% -3.34% -3.29%
T-25 3 Oct 1,622.00 1,647.90 1,599.90 1,604.10 -1.10% -1.92% -3.12% -3.13%
T-24 6 Oct 1,596.30 1,628.70 1,596.30 1,605.40 +0.08% -1.84% -2.40% -2.08%
T-23 7 Oct 1,611.10 1,611.80 1,581.40 1,587.10 -1.14% -2.96% -2.28% -1.84%
T-22 8 Oct 1,591.90 1,597.10 1,564.90 1,568.70 -1.16% -4.08% -2.53% -2.28%
T-21 9 Oct 1,568.00 1,601.20 1,550.00 1,596.20 +1.75% -2.40% -2.00% -2.03%
T-20 10 Oct 1,601.00 1,602.90 1,579.20 1,581.70 -0.91% -3.29% -1.59% -1.60%
T-19 13 Oct 1,581.90 1,612.50 1,581.70 1,607.50 +1.63% -1.71% -1.82% -1.44%
T-18 14 Oct 1,617.90 1,622.00 1,601.70 1,611.10 +0.22% -1.49% -2.14% -1.65%
T-17 15 Oct 1,621.00 1,635.80 1,602.50 1,609.10 -0.12% -1.61% -1.45% -0.76%
T-16 16 Oct 1,600.00 1,600.00 1,541.50 1,552.40 -3.52% -5.08% -0.43% +0.37%
T-15 17 Oct 1,562.50 1,562.50 1,530.30 1,547.60 -0.31% -5.37% +0.06% +0.95%
T-14 20 Oct 1,549.40 1,550.00 1,525.10 1,533.30 -0.92% -6.25% +0.58% +0.83%
T-13 21 Oct 1,547.90 1,548.00 1,529.60 1,540.80 +0.49% -5.79% +0.68% +0.94%
T-12 23 Oct 1,547.80 1,548.00 1,526.30 1,531.80 -0.58% -6.34% +0.76% +1.02%
T-11 24 Oct 1,537.70 1,539.60 1,511.90 1,518.00 -0.90% -7.18% +0.39% +0.43%
T-10 27 Oct 1,512.00 1,539.40 1,501.90 1,513.60 -0.29% -7.45% +1.06% +0.88%
T-9 28 Oct 1,519.40 1,528.40 1,508.10 1,524.10 +0.69% -6.81% +0.94% +0.64%
T-8 29 Oct 1,526.00 1,545.40 1,509.80 1,518.80 -0.35% -7.14% +1.40% +1.13%
T-7 30 Oct 1,519.80 1,564.70 1,514.70 1,556.20 +2.46% -4.85% +0.71% +0.35%
T-6 31 Oct 1,556.20 1,567.40 1,543.10 1,546.50 -0.62% -5.44% +0.11% -0.51%
T-5 3 Nov 1,531.00 1,568.80 1,531.00 1,559.90 +0.87% -4.62% +0.27% +0.10%
T-4 4 Nov 1,566.00 1,600.00 1,561.50 1,592.40 +2.08% -2.64% -0.38% -0.31%
T-3 6 Nov 1,604.80 1,612.00 1,581.20 1,584.20 -0.51% -3.14% -0.72% -0.90%
T-2 7 Nov 1,576.20 1,633.80 1,562.10 1,618.10 +2.14% -1.06% -0.79% -0.15%
T-1 10 Nov 1,625.10 1,638.00 1,612.40 1,619.10 +0.06% -1.00% -0.47% +0.09%
base 11 Nov 1,634.00 1,642.00 1,600.30 1,635.50 +1.01% +0.00% +0.00% +0.00%
T+1 12 Nov result 1,600.00 1,727.70 1,600.00 1,718.80 +5.09% +5.09% +0.70% +0.21%
T+2 13 Nov 1,718.80 1,729.90 1,691.80 1,707.40 -0.66% +4.40% +0.72% +0.43%
T+3 14 Nov 1,707.40 1,707.60 1,662.00 1,673.40 -1.99% +2.32% +0.84% +0.78%
T+4 17 Nov 1,688.00 1,707.90 1,678.10 1,698.30 +1.49% +3.84% +1.24% +1.34%
T+5 18 Nov 1,702.00 1,707.10 1,677.50 1,679.80 -1.09% +2.71% +0.84% +0.98%
T+6 19 Nov 1,676.00 1,688.50 1,656.00 1,668.00 -0.70% +1.99% +1.39% +1.34%
T+7 20 Nov 1,677.00 1,701.70 1,660.50 1,692.60 +1.47% +3.49% +1.94% +2.13%
T+8 21 Nov 1,700.00 1,717.20 1,646.40 1,661.50 -1.84% +1.59% +1.45% +1.05%
T+9 24 Nov 1,669.80 1,686.00 1,639.80 1,679.60 +1.09% +2.70% +1.03% +0.80%
T+10 25 Nov 1,682.00 1,702.70 1,670.10 1,697.90 +1.09% +3.82% +0.74% +0.48%
T+11 26 Nov 1,710.00 1,740.80 1,704.90 1,736.70 +2.29% +6.19% +1.99% +1.91%

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.