Max India Shares Rally on Corporate Restructuring Plan

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Shares in Max India rallied ahead of the company's board meeting to discuss a restructuring plan. The shares were last trading higher by 8 per cent at Rs 489 on the National Stock Exchange.

Max India Shares Rally on Corporate Restructuring Plan
Max India: Quotes, News
BSE 148.55BSE Quote1.75 (1.18%)
NSE 148.75NSE Quote1.3 (0.87%)
The stock in intra-day trading hit a 52-week high of Rs 505. Earlier the company said that the Management was in the process of finalising a few options for corporate restructuring, which will be presented to I&FC for its consideration.

Max India is a diversified company but is largely focussed on the healthcare sector.

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