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Mahindra & Mahindra Financial Services Ltd rises nearly 6%

Capital Market 

Mahindra & Mahindra Financial Services Ltd is quoting at Rs 165.9, up 5.97% on the day as on 12:49 IST on the NSE. The stock is down 17.37% in last one year as compared to a 7.89% gain in NIFTY and a 1.73% 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 165.9, up 5.97% on the day as on 12:49 IST on the NSE. The benchmark NIFTY is up around 0.06% on the day, quoting at 12945.8. The Sensex is at 44120.24, down 0.14%. Mahindra & Mahindra Financial Services Ltd has added around 26.83% in last one month.

Meanwhile, Nifty Financial Services index of which Mahindra & Mahindra Financial Services Ltd is a constituent, has added around 20.34% in last one month and is currently quoting at 14301.45, down 0.54% on the day. The volume in the stock stood at 138.39 lakh shares today, compared to the daily average of 104.01 lakh shares in last one month.

The benchmark November futures contract for the stock is quoting at Rs 163.9, up 4.43% on the day. Mahindra & Mahindra Financial Services Ltd is down 17.37% in last one year as compared to a 7.89% gain in NIFTY and a 1.73% gain in the Nifty Financial Services index.

The PE of the stock is 18.56 based on TTM earnings ending September 20.

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(This story has not been edited by Business Standard staff and is auto-generated from a syndicated feed.)

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First Published: Thu, November 19 2020. 13:06 IST
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