Mahindra & Mahindra Financial Services Ltd News

M&M Financial shares jump 8% on Q1 beat; brokerages see up to 17% upside

Today's buying activity was buoyed by M&M Financial Services' strong Q1FY27 numbers, with consolidated net profit rising 75 per cent Y-o-Y to ₹927 crore, aided by higher NIMs and lower provisions.

Mahindra Finance's Q1 profit up 70% on higher income, better asset quality

Total income from operations increased 12 per cent Y-o-Y to ₹4,973.9 crore during the quarter

NBFCs in demand: CreditAccess, Mah Finance, Chola, L&T Fin rally up to 8%

According to CRISIL, NBFC AUM is expected to grow at a mid-teen rate through FY27, potentially surpassing ₹50 trillion.

L&T, Hero MotoCorp, M&M Finance flag 'Death Cross' on charts; strategy here

Amol Athawale, technical analyst at Kotak Securities believes that M&M Finance is still showing some positive structure; while cautions of a weaker set-up in case of Larsen & Toubro and Hero MotoCorp.

M&M Finance zooms 11% on posting strong Q4; PAT up over 100% YoY

M&M Finance posted a 106 per cent year-on-year (Y-o-Y) spike in net profit to ₹940 crore for Q4, as compared to ₹456 crore a year ago

Mahindra Fin profit doubles in Q4, sets aside ₹217 cr for Iran war impact

Non-banking lender Mahindra and Mahindra Financial Services on Friday reported more than doubling of consolidated net for the March quarter at Rs 940 crore. The Mahindra group entity had reported a consolidated net profit of Rs 456 crore in the year-ago period. On a standalone basis, its profit after tax (PAT) for the quarter jumped 55 per cent to Rs 873 crore. Its Chief Executive and Managing Director Raul Rebello said the handsome growth in profit was a result of a multitude of factors on the operation front put in by the company, and not because of low base. The high profit growth was due to factors like keeping funding costs under control, which expanded the net interest margin by 1 per cent to 7.5 per cent, a higher asset growth at 12 per cent, doubling of fee income, and also tighter controls over operating costs and credit costs, he said. Rebello said given the current economic climate, where the Middle East conflict is set to impact activity, the lender has set aside Rs 21

Nomura flags stress in MSME, vehicle loans as fuel shock hits NBFC sector

The brokerage assessing the impact of a prolonged conflict noted that these segments face the highest near-term risk, while housing, gold, and power loans appear relatively better insulated

Axis Bank, Voda Idea: 28 Nifty 500 stocks reclaim 200-DMA today; full list

Among others Dr. Reddy's, Apollo Hospitals, M&M Finance, Muthoot Finance, Tata Power, Balrampur Chini and Sammaan Capital soared up to 20% from recent lows to cross the long-term average, shows data.

NBFC stock picks: Why Ambit prefers Tata Capital, SHFL over Bajaj Finance

Competition in affordable home loans intensified as industry players are waiving login fees to drive volumes, even as the sector's risk appetite remains elevated