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Mahindra & Mahindra Financial Services is currently trading at Rs. 284.80, up by 3.75 points or 1.33% from its previous closing of Rs. 281.05 on the BSE.

The scrip opened at Rs. 276.25 and has touched a high and low of Rs. 285.90 and Rs. 275.45 respectively. So far 241270 shares were traded on the counter.

The BSE group 'A' stock of face value Rs. 2 has touched a 52 week high of Rs. 346.40 on 04-Jul-2023 and a 52 week low of Rs. 215.70 on 27-Mar-2023.

Last one week high and low of the scrip stood at Rs. 303.00 and Rs. 275.45 respectively. The current market cap of the company is Rs. 35157.00 crore.

The promoters holding in the company stood at 52.16%, while Institutions and Non-Institutions held 39.69% and 8.16% respectively.

Mahindra & Mahindra Financial Services (Mahindra Finance) has entered into strategic collaboration with IBM to build a super app that would serve as a single digital interface for consumers to access multiple businesses within Mahindra Finance.

This app will enable consumers from both metros and non-metros to have 24x7 digital access to avail and manage products & solutions in a secure, streamlined, and simple manner. This would be by housing Mahindra Finance’s various vehicle and non-vehicle lending businesses, including personal loans, enterprise loans, mortgage loans, leasing solutions, payments, fixed deposits, insurance solutions, and other investment & wealth management solutions under one roof. The app will further provide superior and immersive experiences to the customers of Mahindra Finance and strengthen the company’s position as the financial solutions partner of choice for emerging India.

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