Bengaluru, July 17 -- The shares of this leading life insurance services provider have plunged by approximately 4 percent after ICICI Prudential trimmed its stake in the business. In this article, we will dive more into the details.

With a market capitalization of 52,295 crore, the shares of Max Financial Services Ltd are currently trading at Rs 1,515 per share, down by 9 percent from its 52-week high of Rs 1,666.90 per share. Over the past five years, the stock has delivered a positive return of 163 percent.

ICICI Prudential Mutual Fund, a well-known name in the mutual fund industry, has reduced its stake in Max Financial Services. The fund sold around 71.7 lakh shares of the company over a period from March 28 to July 15, 2025.

As of...