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Max Financial and Aavas Financiers surge as strong Q2 earnings lift investor sentiment
Max Financial gained 5% and Aavas Financiers 8% after strong Q2 earnings highlighted improved profitability, lending momentum, and stable asset-quality trends.
Shares of Max Financial Services rose 5% to a 52-week high after the company reported improved Q2 profitability and healthier business metrics. Aavas Financiers gained 8% as stronger lending momentum and disciplined underwriting supported earnings growth. Market participants noted that BFSI counters continue to attract domestic inflows thanks to stable credit demand, controlled asset-quality risks, and favorable borrowing conditions.
Analysts added that both companies demonstrated consistent operational execution, contributing to renewed confidence across mid-cap financial stocks.