MAS Financial Services inches up on reporting 27% growth in consolidated AUM
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MAS Financial Services is currently trading at Rs. 895.45, up by 1.20 points or 0.13% from its previous closing of Rs. 894.25 on the BSE.
The scrip opened at Rs. 902.80 and has touched a high and low of Rs. 902.80 and Rs. 895.45 respectively. So far 173 shares were traded on the counter.
The BSE group 'A' stock of face value Rs. 10 has touched a 52 week high of Rs. 966.15 on 13-Oct-2023 and a 52 week low of Rs. 680.00 on 18-Apr-2023.
Last one week high and low of the scrip stood at Rs. 919.50 and Rs. 895.45 respectively. The current market cap of the company is Rs. 4888.15 crore.
The promoters holding in the company stood at 73.73%, while Institutions and Non-Institutions held 10.05% and 16.22% respectively.
MAS Financial Services’ consolidated Assets Under Management (AUM) crossed the milestone of Rs 10,000 crore during the quarter Q3FY24 and stood at around Rs 10,225 crore as on December 31, 2023, registering a strong growth of 27% YoY. The company continues to have adequate liquidity of around Rs 800 crore as on December 31, 2023.
MAS Financial Services is engaged in the business of providing Micro Enterprise loans (MEL), Small and Medium Enterprise loans (SME), Two Wheeler loans (TW), Commercial Vehicle loans (CV) and loans to NBFCs - to create the underlying assets of MEL, SME, TW and CV.
