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Mahindra & Mahindra Financial Services Ltd zooms 7.38%

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Mahindra & Mahindra Financial Services Ltd is quoting at Rs 342.8, up 7.38% on the day as on 12:49 IST on the NSE. The stock is down 8.43% in last one year as compared to a 14.9% gain in NIFTY and a 30.07% 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 342.8, up 7.38% on the day as on 12:49 IST on the NSE. The benchmark NIFTY is down around 0.03% on the day, quoting at 11658.85. The Sensex is at 39250.47, down 0.12%. Mahindra & Mahindra Financial Services Ltd has dropped around 4% in last one month.

Meanwhile, Nifty Financial Services index of which Mahindra & Mahindra Financial Services Ltd is a constituent, has dropped around 1% in last one month and is currently quoting at 13213.45, up 1.6% on the day. The volume in the stock stood at 26.84 lakh shares today, compared to the daily average of 20.54 lakh shares in last one month.

The benchmark October futures contract for the stock is quoting at Rs 344.2, up 7.7% on the day. Mahindra & Mahindra Financial Services Ltd is down 8.43% in last one year as compared to a 14.9% gain in NIFTY and a 30.07% gain in the Nifty Financial Services index.

The PE of the stock is 14.54 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: Tue, October 22 2019. 13:05 IST
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