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Mahindra & Mahindra Financial Services is currently trading at Rs. 181.25, up by 2.40 points or 1.34% from its previous closing of Rs. 178.85 on the BSE.

The scrip opened at Rs. 179.85 and has touched a high and low of Rs. 184.25 and Rs. 179.25 respectively. So far 55863 shares were traded on the counter.

The BSE group 'A' stock of face value Rs. 2 has touched a 52 week high of Rs. 206.40 on 09-Nov-2021 and a 52 week low of Rs. 127.95 on 07-Mar-2022.

Last one week high and low of the scrip stood at Rs. 184.25 and Rs. 171.05 respectively. The current market cap of the company is Rs. 22239.54 crore.

The promoters holding in the company stood at 52.16%, while Institutions and Non-Institutions held 34.06% and 13.79% respectively.

Mahindra & Mahindra Financial Services (Mahindra Finance) has disbursed approximately Rs 3,750 crore for month of June 2022, delivering a 115% Year on Year (Y-o-Y) growth and a 27% sequential month on month (M-o-M) growth. The YTD disbursement at approximately Rs 9,450 crore registered a Y-o-Y growth of 145%.

As on June 30, 2022, the Company estimates the gross business assets at Rs 67,500 crore, a Y-o-Y growth of 6%. The collection efficiency (CE) was at 96% for June 2022 in comparison to a CE of 90% for June 2021 which was recovering post 2 months of Covid related lockdowns.

Mahindra Finance is one of India’s leading non-banking finance companies.