MAX Financial Services Multibagger 3 years time frame Long term investment

MAX Financial Services Multibagger 3 years time frame Long term investment

• Max Financial Services Limited (MFS), a part of the US$ 2 billion Max Group, is the holding company for Max Life, India’s largest non-bank, private life insurance company.

•  Max Life is a joint venture with Mitsui Sumitomo Insurance (MSI), a Japan headquartered global leader in life insurance.

• Max Life is India’s fourth largest private life insurance company. It has emerged as a benchmark for the life insurance industry in India across several dimensions including customer persistency, high performance bancassurance and agency channels, enviable relationships and protection products and superior management of costs.

• The company’s investor base includes marquee global financial institutions such as Goldman Sachs, IFC Washington, Temasek, Fidelity and New York Life.

• Company has a Sales of 200 Crores and EPS of 4 Rupees. The company is planning to merge with HDFC life which will give the company a good portfolio and growth.

• Its also a Zero debt company with strong business. One can invest in this stock with 3 years time frame for Multibagger returns of 1400 Rs