SBI Magnum Balanced buys 23 lakh shares of Max Financial

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On February 21, 2017 Birla Sun Life Frontline Equity Fund bought 13,83,915 shares of Max Financial Services at Rs 560 on the NSE.Also, SBI Magnum Balanced bought 23,00,000 shares at Rs 560.However, GS Mace Holdings Limited sold 1,50,00,000 shares at Rs 561.13.On Tuesday, Max Financial Services ended at Rs 564.85, down Rs 29.90, or 5.03 percent on the NSE.The share touched its 52-week high Rs 639 and 52-week low Rs 302.80 on 09 February, 2017 and 25 February, 2016, respectively.