Max India allots 2.4cr shares to Goldman Sachs at Rs 216.75

Max India touched a 52-week high of Rs 183.80. At 13:26 hrs the share was quoting at Rs 180.50, up Rs 13.85, or 8.31%.

The company has alloted 2.4 crore shares nearly 10% equity of the company to Goldman Sachs at Rs 216.75, on conversion of debentures, reports CNBC-TV18.

It was trading with volumes of 615,166 shares, compared to its five-day average of 23,187 shares, an increase of 2,553.02%.

In the previous trading session, the share closed down 0.39% or Rs 0.65 at Rs 166.65.

Share Price Movement During The Last 12 Months
Period	Price	Latest Price	Gain/Loss (Rs.)	% Gain/Loss
3-Days	167.90	180.50	12.60	7.50
5-Days	166.90	180.50	13.60	8.15
7-Days	167.45	180.50	13.05	7.79
15-Days	162.35	180.50	18.15	11.18
1-Month	166.30	180.50	14.20	8.54
3-Month	142.80	180.50	37.70	26.40
6-Month	146.75	180.50	33.75	23.00
9-Month	170.65	180.50	9.85	5.77
1-Year	164.50	180.50	16.00	9.73