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Max Financial and Aavas Financiers climb after strong Q2 results lift investor confidence
Max Financial rose 5% and Aavas Financiers 8% as strong Q2 earnings, improved credit trends, and stable demand boosted BFSI investor sentiment.
Shares of Max Financial Services gained 5% to reach a 52-week high following strong Q2 earnings marked by healthier profitability and steady business metrics. Aavas Financiers also advanced 8% after reporting improved disbursement momentum and consistent credit quality. Analysts noted that BFSI midcaps continue attracting inflows due to stable demand conditions, disciplined underwriting, and favorable borrowing costs.
Market participants said the strong performance underscores sector resilience and aligns with broader financials showing improved balance-sheet strength during the quarter.