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Mahindra & Mahindra Financial Services Ltd spurts 8.63%

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Capital Market
Last Updated : Jul 20 2020 | 1:32 PM IST

Mahindra & Mahindra Financial Services Ltd is quoting at Rs 225.85, up 8.63% on the day as on 12:59 IST on the NSE. The stock is down 36.96% in last one year as compared to a 3.19% fall in NIFTY and a 13.9% fall in the Nifty Financial Services index.

Mahindra & Mahindra Financial Services Ltd rose for a third straight session today. The stock is quoting at Rs 225.85, up 8.63% on the day as on 12:59 IST on the NSE. The benchmark NIFTY is up around 0.76% on the day, quoting at 10984.5. The Sensex is at 37299.46, up 0.75%. Mahindra & Mahindra Financial Services Ltd has added around 26.88% in last one month.

Meanwhile, Nifty Financial Services index of which Mahindra & Mahindra Financial Services Ltd is a constituent, has added around 4.15% in last one month and is currently quoting at 10915.7, up 1.73% on the day. The volume in the stock stood at 949.65 lakh shares today, compared to the daily average of 168.49 lakh shares in last one month.

The benchmark July futures contract for the stock is quoting at Rs 211.45, up 1.76% on the day. Mahindra & Mahindra Financial Services Ltd is down 36.96% in last one year as compared to a 3.19% fall in NIFTY and a 13.9% fall in the Nifty Financial Services index.

The PE of the stock is 14.17 based on TTM earnings ending March 20.

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First Published: Jul 20 2020 | 1:06 PM IST

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