Explore all group stocks
Name | LTP | Change % | Volume | Market Cap (Cr.) | Day Range | 52 Week High | 52 Week Low | PE Ratio | ROE |
|---|---|---|---|---|---|---|---|---|---|
₹964.80 | 1.23% | 38,83,207 | ₹92,749.50 | ₹951.50 - ₹974.00 | ₹1,314.30 | ₹933.80 | 152.11 | 8.78 | |
₹1,639.30 | 0.70% | 10,37,290 | ₹57,565.10 | ₹1621.00 - ₹1647.90 | ₹1,892.50 | ₹1,073.50 | -6,021.9 | -0.14 |
*Disclaimer: The scripts listed are solely for research purposes and are not recommendations. Please conduct your own research before making any investment decisions.
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Max Group was founded in 1985 by Analjit Singh as Max India Limited. It initially started as a pharmaceutical company but soon expanded into various sectors, including healthcare, insurance, hospitality, senior living and real estate. The group started its operations with the manufacturing of an active drug compound for penicillin.
Over the years the company became a strong and respected name in India. Max Healthcare was launched to provide world-class medical services. It quickly became a leading hospital chain with multiple healthcare facilities across India.
Max Life Insurance was founded to explore the opportunities in the emerging insurance sector in India. The group also ventured into the real estate sector in later years. With a focus on quality services and customer satisfaction, Max Group continues to grow and expand its presence in different industries.
You can invest in Max Group stocks through online trading platforms like Upstox by following these steps:
Open demat account: Register on Upstox and complete the necessary KYC verification.
Deposit funds: Add money to your trading account.
Research companies: Study Max Group companies, evaluating their financial health and future growth potential.
Purchase shares: Choose the stocks that match your investment goals and make the purchase.
Track performance: Keep an eye on your investments and make changes as required based on market conditions.
Group stocks are a list of stocks that are owned by the same business conglomerate or corporate group. The companies are usually from different sectors but they are connected via common ownership or management.
When selecting stocks from a group for investment first analyse the financial health of companies, track record of share price performance and future growth opportunities. While all the entities present in a conglomerate may have their own strengths and weaknesses, they belong to a single group. Diversify your portfolio by investing in stocks of the same group to spread any risk.
Buying stocks of a corporate group may come with some risks. For example, if the flagship of the group struggles due to some reason it can hurt the performance of other entities, especially smaller subsidiaries. Management issues, sector-specific challenges and regulatory issues also may affect the stock price of a company belonging to a conglomerate.
To buy group stocks you need to set up a trading account and a demat account with a registered stock broker. You can open a demat account for free through online platforms like the Upstox App to invest in shares of a company of a large corporate group.
Top five group stocks as per market cap include biggies like Reliance Industries, Tata Consultancy Services(TCS), HDFC Bank, Bharti Airtel and ICICI Bank.