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Mahindra & Mahindra Financial Services Ltd spurts 1.75%

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Mahindra & Mahindra Financial Services Ltd is quoting at Rs 337.8, up 1.75% on the day as on 12:44 IST on the NSE. The stock is down 23.07% in last one year as compared to a 14.84% jump in NIFTY and a 26.44% jump in the Nifty Financial Services.

Mahindra & Mahindra Financial Services Ltd is up for a fifth straight session today. The stock is quoting at Rs 337.8, up 1.75% on the day as on 12:44 IST on the NSE. The benchmark NIFTY is up around 0.6% on the day, quoting at 12330.65. The Sensex is at 41883.32, up 0.68%. Mahindra & Mahindra Financial Services Ltd has gained around 3% in last one month.

Meanwhile, Nifty Financial Services index of which Mahindra & Mahindra Financial Services Ltd is a constituent, has gained around 1.64% in last one month and is currently quoting at 14609.65, up 0.31% on the day. The volume in the stock stood at 7.95 lakh shares today, compared to the daily average of 21.61 lakh shares in last one month.

The benchmark January futures contract for the stock is quoting at Rs 340.1, up 2.01% on the day. Mahindra & Mahindra Financial Services Ltd is down 23.07% in last one year as compared to a 14.84% jump in NIFTY and a 26.44% jump in the Nifty Financial Services index.

The PE of the stock is 16.74 based on TTM earnings ending September 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, January 13 2020. 13:00 IST
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