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Mahindra & Mahindra Financial Services Ltd spurts 2.32%, up for third straight session

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The stock is quoting at Rs 487.45, up 2.32% on the day as on 12:49 IST on the NSE. Mahindra & Mahindra Financial Services Ltd is up 14.6% in last one year as compared to a 18.52% gain in NIFTY and a 17.16% gain in the Nifty Financial Services index.

Mahindra & Mahindra Financial Services Ltd rose for a third straight session today. The stock is quoting at Rs 487.45, up 2.32% on the day as on 12:49 IST on the NSE. The benchmark NIFTY is down around 0.2% on the day, quoting at 11714.7. The Sensex is at 38846.49, down 0.13%. Mahindra & Mahindra Financial Services Ltd has dropped around 5.06% in last one month.

 

Meanwhile, Nifty Financial Services index of which Mahindra & Mahindra Financial Services Ltd is a constituent, has dropped around 0.52% in last one month and is currently quoting at 11796.95, up 0.02% on the day. The volume in the stock stood at 5.52 lakh shares today, compared to the daily average of 12.2 lakh shares in last one month.

The benchmark August futures contract for the stock is quoting at Rs 486.95, up 1.96% on the day. Mahindra & Mahindra Financial Services Ltd is up 14.6% in last one year as compared to a 18.52% gain in NIFTY and a 17.16% gain in the Nifty Financial Services index.

The PE of the stock is 27.26 based on TTM earnings ending June 18.

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First Published: Aug 29 2018 | 1:05 PM IST

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