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Max India Q2 loss at Rs.17.43 crore

Max India Ltd has announced the financial results for the quarter ended September 30, 2012.

The Company has posted a net loss of Rs. (174.30) million for the quarter ended September 30, 2012 as compared to net loss of Rs. (103.70) million for the quarter ended September 30, 2011. Total Income has decreased from Rs. 1877.10 million for the quarter ended September 30, 2011 to Rs. 1848.60 million for the quarter ended September 30, 2012.

The Max India stock was trading at Rs.242.55, up by Rs.0.95 or 0.39%. The stock hit an intraday high of Rs.248.75 and low of Rs.237.

The total traded quantity was 0.53 lakhs compared to 2 week average of 0.30 lakhs.

Source: Equity Bulls

Posted On: 2012-11-09 02:38:41

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