Mahindra & Mahindra Financial Services is currently trading at Rs. 360.85, up by 1.10 points or 0.31 % from its previous closing of Rs. 359.75 on the BSE.
The scrip opened at Rs. 357.25 and has touched a high and low of Rs. 366.00 and Rs. 357.25 respectively. So far 106481 shares were traded on the counter.
The BSE group 'A' stock of face value Rs. 2 has touched a 52 week high of Rs. 405.00 on 04-Oct-2016 and a 52 week low of Rs. 244.35 on 27-Dec-2016.
Last one week high and low of the scrip stood at Rs. 366.00 and Rs. 336.20 respectively. The current market cap of the company is Rs. 20495.45 crore.
The promoters holding in the company stood at 51.85%, while Institutions and Non-Institutions held 42.21% and 5.94% respectively.
Mahindra & Mahindra Financial Services (Mahindra Finance), one of the leading non-banking finance companies with customers primarily in the rural and semi-urban markets of India, will be raising up to Rs 2,000 crore through NCDs. The public issue of the NCDs will open on July 10 and closes on July 28, 2017.
The NCDs proposed to be issued under this Tranche 1 Issue have been rated ‘AAA/ Outlook Stable’ for an amount of Rs 2000 crore, by India Ratings & Research (India Rating) and ‘AAA/ Outlook Stable’ by Brickwork Ratings India (BWR). The rating of NCDs by India Ratings and BWR indicate that instruments with this rating are considered to have highest degree of safety regarding timely servicing of financial obligations and carry lowest credit risk. The NCDs offered through this Tranche 1 Prospectus are proposed to be listed on the BSE.
Mahindra & Mahindra Financial Services, part of the Mahindra Group, is one of India’s leading non-banking finance companies. The company has reported a fall of 32.36% in its consolidated net profit after tax and minority interest at Rs 278.22 crore for the quarter ended March 31, 2017 as compared to Rs 411.33 crore for the corresponding quarter in the FY16.
| Company Name | CMP |
|---|---|
| Bajaj Finance | 6632.10 |
| Shriram Finance | 3018.95 |
| Aditya Birla Capital | 194.70 |
| SBI Cards AndPayment | 714.70 |
| Mah & Mah Finl. Serv | 273.50 |
| View more.. | |
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Funds ranking in screeners: Performance Consistency and Quality are two parameters used for ranking funds for SIP. The ranking as follows GG, GO, GR, OG, OO, OR, RG, RO and RR.
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The third tag Upside Potential is not relevant for SIP. It is relevant for lumpsum investments in Mutual Funds.
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