M&m Finance

Mahindra hits new highs: 77% share surge, leads NIFTY50 on CAGR front

Mahindra & Mahindra achieved a 77% share price surge, leading the NIFTY50 with the highest CAGR since 2002. The company also prioritised sustainability and launched two premium electric SUVs in 2024

M&M Finance stock drops 8% on weak Q2 numbers; What should investors do?

M&M Finance's net interest income (NII) margin for Q2FY25 remained flat at 6.5 per cent, while gross non-performing assets rose to 3.83 per cent, from 3.56 per cent earlier

M&M Finance Q2 FY25 results: Net profit rises 57% to Rs 369 crore

The NII margin of the company remained flat at 6.5 per cent. The cost of funds rose marginally to 6.5 per cent in Q2 FY25 from 6.4 per cent last year

M&M Finance shares decline 6% after releasing Q2FY25 business update

M&M Finance share price: Shares of M&M Finance slipped after the company said it expects a 1% decline in overall disbursement in the September 2024 quarter

Nandish Shah of HDFC Sec recommends 'Bull Spread' strategy on M&M Finance

Long build up is seen in the M&M Finance futures during the September series till now where we have seen 7 per cent rise in 'Open' interest with price rising by 5 per cent

These are top picks by Osho Krishan of Angel One for August 05

IEX witnessed a substantial increase in price in the last couple of trading sessions from the 21 DEMA on the daily chart.

M&M share price up 2% after June quarter performance; topline jumps 11%

The company's standalone revenue rose 11.2 per cent year-on-year (Y-o-Y) to Rs 27,132.8 crore in Q1FY25, as opposed to Rs 24,402.9 crore in Q1FY24.

M&M Finance Q4FY24 results: Net profit declines 10% to Rs 619 crore

Expenses grew by nearly 36 per cent on the year to Rs 2,874.56 crore in the quarter under review, up from Rs 2,112.94 crore in the January-March quarter of FY23

Sensex sprints 970 pts, ends atop 71,450; Nifty holds 21,450; IT, PSBs jump

Stock market LIVE updates on December 15, 2023: In the broader markets, the BSE MidCap and SmallCap indices were ruling 0.44 per cent and 0.65 per cent higher, respectively

Nandish Shah of HDFC Securities suggests Bull Spread strategy on M&M Fin

The primary trend of the stock is bullish as it trades above its 50, 100 and 200 day-EMA

RBI lifts ban on M&M Finance for outsourcing recovery, repossession agents

On September 22, the regulator barred Mahindra Finance from carrying out any recovery or repossession activity through outsourced agents

F&O Strategy: Here's why Nandish Shah recommends Bull spread on M&M Finance

The derivative analyst from HDFC Securities recommends to Buy M&M Finance 220 Call and simultaneously Sell 230 Call of the 29-December expiry.

Stocks to watch: HDFC, Sun Pharma, Dr Reddy's, STFC, TVS Motor, SpiceJet

Stocks to watch today: HDFC, Sun Pharma, and Cipla will report their June quarter results on Friday, July 29; Dr Reddy's saw 108 per cent YoY rise in consolidated net profit to Rs 1,187.6 crore in Q1.

M&M hikes stake in combine harvester maker Sampo Rosenlew Oy to 100%

Mahindra & Mahindra on Monday said it has hiked its stake in its Finland-based arm Sampo Rosenlew Oy to 100 per cent with the acquisition of residual shares for over Rs 35 crore. In December 2020, the company increased its stake in combine harvester maker Sampo Rosenlew Oy to 79.13 per cent with the acquisition of additional 1,050 shares for Rs 31.15 crore. In a regulatory filing, Mahindra & Mahindra (M&M) said it executed an option exercise share purchase agreement on Monday to acquire 1,317 equity shares of Sampo Rosenlew Oy, pursuant to the exercise of a call option by it on the other shareholder of Sampo. Subsequently, the shareholding and consequent voting rights of M&M in Sampo would increase from 79.13 per cent to 100 per cent of the equity share capital of Sampo and it would become a wholly-owned subsidiary of the company, it added. The consideration will be paid in cash and the 1,317 equity shares of Sampo are being acquired at a price of euro 3,333 per share .

F&O Strategy: Nandish Shah recommends going long on M&M Finance

The technical analyst from HDFC Securities recommends buying M&M Finance June future with a stop at Rs 183 for a target of Rs 194.

Nifty seems to have strong resistance near 18,000-mark, says Vinay Rajani

Among stocks, the technical analyst from HDFC Securities recommends buying M&M Finance and Indian Bank

BSE Midcap index hits new high as financials, Adani group stocks rally

At 02:04 pm, the S&P BSE Midcap, the top gainer among broader indices, was up 1.5 per cent after hitting an intra-day high of 20,234 on the BSE

Stock recommendations by Nilesh Jain of Anand Rathi: Buy UPL, Sell M&M Fin

The stock of UPL is making a higher top and higher bottom formation on the daily chart which indicates every decline will attract fresh buying interest from lower levels

Our collections have doubled each month during April-June: M&M Finance MD

In a Q&A, Ramesh Iyers asserts that the company isn't raising capital due to roadblocks

Collections have doubled in each month during June quarter: M&M Finance MD

In an interview with Shreepad S Aute, Ramesh Iyer talks about the upcoming rights issue