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Mahindra & Mahindra Financial Services Ltd extends gains

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Capital Market
Last Updated : Nov 05 2020 | 1:50 PM IST

Mahindra & Mahindra Financial Services Ltd is quoting at Rs 128.4, up 1.34% on the day as on 12:54 IST on the NSE. The stock is down 39.01% in last one year as compared to a 1.08% jump in NIFTY and a 8.6% jump in the Nifty Financial Services.

Mahindra & Mahindra Financial Services Ltd is up for a fifth straight session today. The stock is quoting at Rs 128.4, up 1.34% on the day as on 12:54 IST on the NSE. The benchmark NIFTY is up around 1.57% on the day, quoting at 12095.3. The Sensex is at 41269.35, up 1.61%. Mahindra & Mahindra Financial Services Ltd has slipped around 2.25% in last one month.

Meanwhile, Nifty Financial Services index of which Mahindra & Mahindra Financial Services Ltd is a constituent, has slipped around 11.76% in last one month and is currently quoting at 12458.25, up 1.45% on the day. The volume in the stock stood at 44.49 lakh shares today, compared to the daily average of 84.17 lakh shares in last one month.

The benchmark November futures contract for the stock is quoting at Rs 129.1, up 1.33% on the day. Mahindra & Mahindra Financial Services Ltd is down 39.01% in last one year as compared to a 1.08% jump in NIFTY and a 8.6% jump in the Nifty Financial Services index.

The PE of the stock is 15.02 based on TTM earnings ending September 20.

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First Published: Nov 05 2020 | 1:01 PM IST

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