Max India has target of Rs 188: Aunali Rupani

Max India has target of Rs 188, says Aunali Rupani, Director of Arm Research.

Rupani told CNBC-TV18, "Max India is increasing its market share day by day. It has become the third largest insurance co. They have improved their market share from 7.7% to almost 11.9%. The management has also improved their stake in the company by almost 2% through a warrant conversion at a price of Rs 216. My target is Rs 188 and stop loss at Rs 178." Click HERE to know the rules and follow the score card