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Mahindra & Mahindra Financial Services Ltd spurts 1.7%

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Mahindra & Mahindra Financial Services Ltd is quoting at Rs 325.35, up 1.7% on the day as on 12:54 IST on the NSE. The stock is down 32.15% in last one year as compared to a 3.6% fall in NIFTY and a 7.98% 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 325.35, up 1.7% on the day as on 12:54 IST on the NSE. The benchmark NIFTY is up around 0.8% on the day, quoting at 11136.35. The Sensex is at 37678.97, up 0.88%. Mahindra & Mahindra Financial Services Ltd has dropped around 9.18% in last one month.

Meanwhile, Nifty Financial Services index of which Mahindra & Mahindra Financial Services Ltd is a constituent, has dropped around 1.97% in last one month and is currently quoting at 12543.7, up 0.79% on the day. The volume in the stock stood at 11.14 lakh shares today, compared to the daily average of 38.74 lakh shares in last one month.

The benchmark August futures contract for the stock is quoting at Rs 323.75, up 1.12% on the day. Mahindra & Mahindra Financial Services Ltd is down 32.15% in last one year as compared to a 3.6% fall in NIFTY and a 7.98% fall in the Nifty Financial Services index.

The PE of the stock is 14.55 based on TTM earnings ending June 19.

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

First Published: Mon, August 19 2019. 13:05 IST
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