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Mahindra & Mahindra Financial Services Ltd spurts 3.93%, Gains for third straight session

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Capital Market
Last Updated : Jul 26 2018 | 1:17 PM IST

The stock is quoting at Rs 505.1, up 3.93% on the day as on 12:49 IST on the NSE. Mahindra & Mahindra Financial Services Ltd is up 26.13% in last one year as compared to a 11.4% spurt in NIFTY and a 13.27% spurt in the Nifty Financial Services index.

Mahindra & Mahindra Financial Services Ltd is up for a third straight session in a row. The stock is quoting at Rs 505.1, up 3.93% on the day as on 12:49 IST on the NSE. The benchmark NIFTY is up around 0.28% on the day, quoting at 11163.15. The Sensex is at 36983.78, up 0.34%. Mahindra & Mahindra Financial Services Ltd has risen around 7.38% in last one month.

Meanwhile, Nifty Financial Services index of which Mahindra & Mahindra Financial Services Ltd is a constituent, has risen around 4.23% in last one month and is currently quoting at 11398.2, up 1% on the day. The volume in the stock stood at 18.5 lakh shares today, compared to the daily average of 13 lakh shares in last one month.

The benchmark July futures contract for the stock is quoting at Rs 508.65, up 4.77% on the day. Mahindra & Mahindra Financial Services Ltd is up 26.13% in last one year as compared to a 11.4% spurt in NIFTY and a 13.27% spurt in the Nifty Financial Services index.

The PE of the stock is 33.72 based on TTM earnings ending March 18.

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First Published: Jul 26 2018 | 1:05 PM IST

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