New Delhi, Feb. 16 -- Max Financial Services share price hit a record high of Rs.1,857.80 in intraday trade on the BSE on Monday, February 16, looking set to extend gains to the third consecutive session. Max Financial Services shares opened at Rs.1,846.10 against their previous close of Rs.1,826.45 and rose 1.7% to an all-time high of Rs.1,857.80.

The insurance stock has been on a roll this month, rising about 14%, on course to snap its two-month losing run. It hit a 52-week low of Rs.972.55 on March 4 last year, and at present, it is up over 90% from its one-year low.

Max Financial shares have been in the green after the company announced its December quarter scorecard.

On February 11, the insurance player reported a consolidated pro...