Motilal Oswal Financial Services recommends Reliance Industries and HCL Tech from the large-cap basket, while BEL and M&M Financial are top bets from mid-cap
According to the analysts, disbursement growth remained soft across most lenders in Q2FY26 due to seasonality and increased caution in SME/MSME segments.
Mahindra Finance outlook: M&M Financial Services management has indicated that the second half of the financial year 2025-26 (H2FY26F) will witness a sustainable revival in demand and asset quality.
While earnings came in ahead of expectations for M&M Financial Services, analysts remain watchful of persistently high credit costs and moderation in asset growth.
Sensex Today | Stock Market close: In the broader market, the Nifty MidCap index and the Nifty SmallCap index settled almost flat
At 9:20 AM, Mahindra & Mahindra Financial Services share was trading 1.75 per cent lower at 260.95. In comparison, BSE Sensex was up 0.30 per cent at 82,429.66 levels
M&M Financial Services share price rose 2 per cent, logging an intraday high at ₹267.45 per share after releasing Q1 update
M&M Financial Services' stock has fallen nearly 23 per cent from its 52-week high of ₹343 touched on September 27, 2024. The company's total market capitalisation stood at ₹33,223.40.66 crore
NBFC share price: Nomura, however, is negative on CreditAccess Grameen and M&M Financial Services
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'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
Mahindra and Mahindra Financial Services share price moved up by 3.3 per cent at Rs 331.25 per share on the BSE in Monday's intraday deals
Regarding the implications of a rate cut for NBFCs, analysts noted that asset composition is more crucial than liability composition.
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.
Stocks to Watch on Tuesday, December 5, 2023: Reports suggest Fireside Ventures Investment Fund may divest 1.9 per cent stake in the parent company of Mamaearth via block deals for Rs 230 crore
While analysts remain positive, the two stocks fell by 1.5-4.5 per cent on Wednesday
The stock price formed bullish hammer candle stick pattern on September 6
BENGALURU (Reuters) -Indian tech-to-tractor conglomerate Mahindra & Mahindra on Wednesday said it bought a 3.53% stake in private lender RBL Bank for 4.17 billion rupees ($50.8 million).
On outlook, the management said the macro-economy tailwinds should help the sector and the company continue its growth journey
Mahindra Finance is benefitting from the healthy sectoral tailwinds and its parent Mahindra & Mahindra's strong recovery in auto volumes.