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Mahindra & Mahindra Financial Services Ltd in demand

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Mahindra & Mahindra Financial Services Ltd is quoting at Rs 337.3, up 1.5% on the day as on 12:49 IST on the NSE. The stock is down 26.4% in last one year as compared to a 14.82% jump in NIFTY and a 27.68% jump in the Nifty Financial Services index.

Mahindra & Mahindra Financial Services Ltd is up for a third straight session today. The stock is quoting at Rs 337.3, up 1.5% on the day as on 12:49 IST on the NSE. The benchmark NIFTY is up around 0.58% on the day, quoting at 12253.35. The Sensex is at 41541.48, up 0.57%. Mahindra & Mahindra Financial Services Ltd has slipped around 1.8% in last one month.

 

Meanwhile, Nifty Financial Services index of which Mahindra & Mahindra Financial Services Ltd is a constituent, has slipped around 3.47% in last one month and is currently quoting at 14574.2, up 0.39% on the day. The volume in the stock stood at 16.49 lakh shares today, compared to the daily average of 20.23 lakh shares in last one month.

The benchmark January futures contract for the stock is quoting at Rs 338.85, up 1.36% on the day. Mahindra & Mahindra Financial Services Ltd is down 26.4% in last one year as compared to a 14.82% jump in NIFTY and a 27.68% jump in the Nifty Financial Services index.

The PE of the stock is 16.73 based on TTM earnings ending September 19.

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First Published: Jan 02 2020 | 1:05 PM IST

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