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Mahindra & Mahindra Financial gains on executing Master agreement for co-lending with SBI Mahindra & Mahindra Financial is currently trading at Rs. 293.20, up by 1.00 points or 0.34% from its previous closing of Rs. 292.20 on the BSE. The scrip opened at Rs. 293.15 and has touched a high and low of Rs. 294.85 and Rs. 291.65 respectively. So far 14515 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. 176.30 on 28-Sep-2022. Last one week high and low of ...
Mahindra & Mahindra Financial gains on executing Master agreement for co-lending with SBI
Mahindra & Mahindra Financial gains on executing Master agreement for co-lending with SBI
Source: Accord Fintech
6/09/2023 10:34:47 AM
Mahindra Finance trades higher on reporting 15% growth in disbursement during August Mahindra & Mahindra Financial Services is currently trading at Rs. 300.25, up by 4.70 points or 1.59% from its previous closing of Rs. 295.55 on the BSE. The scrip opened at Rs. 299.85 and has touched a high and low of Rs. 301.40 and Rs. 295.55 respectively. So far 57348 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. 176.30 on 28-Sep-2022. Last one week high an...
Mahindra Finance trades higher on reporting 15% growth in disbursement during August
Mahindra Finance trades higher on reporting 15% growth in disbursement during August
Source: Accord Fintech
5/09/2023 10:59:47 AM
M&M rides high on reporting 19% rise in overall auto sales in August Mahindra & Mahindra is currently trading at Rs. 1586.35, up by 10.25 points or 0.65% from its previous closing of Rs. 1576.10 on the BSE. The scrip opened at Rs. 1578.95 and has touched a high and low of Rs. 1604.55 and Rs. 1576.00 respectively. So far 51996 shares were traded on the counter. The BSE group 'A' stock of face value Rs. 5 has touched a 52 week high of Rs. 1604.55 on 01-Sep-2023 and a 52 week low of Rs. 1124.00 on 28-Mar-2023. Last one week high and low of th...
M&M rides high on reporting 19% rise in overall auto sales in August
M&M rides high on reporting 19% rise in overall auto sales in August
Source: Accord Fintech
1/09/2023 1:41:32 PM
Mahindra & Mahindra rides high on partnering with SARGA MotoCorp Mahindra & Mahindra is currently trading at Rs. 1550.95, up by 12.25 points or 0.80% from its previous closing of Rs. 1538.70 on the BSE. The scrip opened at Rs. 1539.00 and has touched a high and low of Rs. 1552.50 and Rs. 1535.05 respectively. So far 18380 shares were traded on the counter. The BSE group 'A' stock of face value Rs. 5 has touched a 52 week high of Rs. 1594.85 on 13-Jul-2023 and a 52 week low of Rs. 1124.00 on 28-Mar-2023. Last one week high and low of th...
Mahindra & Mahindra rides high on partnering with SARGA MotoCorp
Mahindra & Mahindra rides high on partnering with SARGA MotoCorp
Source: Accord Fintech
22/08/2023 12:40:27 PM
M&M catches speed on rolling out new wheel harvester under `Swaraj brand` Mahindra & Mahindra is currently trading at Rs. 1536.20, up by 36.65 points or 2.44% from its previous closing of Rs. 1499.55 on the BSE. The scrip opened at Rs. 1502.65 and has touched a high and low of Rs. 1537.20 and Rs. 1493.15 respectively. So far 67457 shares were traded on the counter. The BSE group 'A' stock of face value Rs. 5 has touched a 52 week high of Rs. 1594.85 on 13-Jul-2023 and a 52 week low of Rs. 1124.00 on 28-Mar-2023. Last one week high and low of th...
M&M catches speed on rolling out new wheel harvester under `Swaraj brand`
M&M catches speed on rolling out new wheel harvester under `Swaraj brand`
Source: Accord Fintech
9/08/2023 3:35:43 PM
Buy Mahindra & Mahindra Ltd For Target Rs.1,727 - LKP Securities Ltd M&M reported decent Q1 FY24 numbers wherein the topline was reported at ?240 bn, a growth of 22.7% yoy and 6.6% qoq. Volumes rose by 10% yoy and realizations went up by about 11.2% yoy. Automotive division revenues came in at ?166 bn, an increase of 21% yoy led by success of new launches –Thar, Bolero Neo, XUV 7oo, Scorpio variants and XUV 3oo & 4oo. M&M started rapidly catering to the order backlog as chip shortage issue softened. Automotive segment reported strong EBIT mar...
Buy Mahindra & Mahindra Ltd For Target Rs.1,727 - LKP Securities Ltd
Buy Mahindra & Mahindra Ltd For Target Rs.1,727 - LKP Securities Ltd
Source: LKP Securities Ltd
8/08/2023 2:50:03 PM
FII selling streak caps Nifty upside Domestic equities held on to their positive stance despite mixed global cues. Nifty opened higher and remained in positive territory throughout the session to close with marginal gains of 81 points at 19598 levels, says Siddhartha Khemka, Head - Retail Research, Motilal Oswal Financial Services. Majority of the sectors ended in green with buying seen in IT & Pharma. Markets are likely to trade in a range ahead of RBI policy this week, he said. FIIs continued their selling streak for...
FII selling streak caps Nifty upside
FII selling streak caps Nifty upside
Source: IANS
8/08/2023 9:44:08 AM
M&M logs Rs 2,773.73 crore PAT for Q1 Automotive major Mahindra & Mahindra Ltd (M&M) on Friday said it closed the first quarter of FY24 with a net profit of Rs 2,773.73 crore. The company also announced the merger of its three wholly-owned subsidiaries with itself. In a regulatory filing, the M&M said for the quarter ended June 30, 2023, it has posted a total income of Rs 25,025.95 crore (Q1FY23 Rs 19,952.88 crore) and a net profit of Rs 2,773.73 crore (Rs1,403.61 crore). The company Board also approved the s...
M&M logs Rs 2,773.73 crore PAT for Q1
M&M logs Rs 2,773.73 crore PAT for Q1
Source: IANS
4/08/2023 5:13:05 PM
Mahindra Finance gains on reporting 12% growth in disbursement during July Lupin zooms on reporting consolidated net profit of Rs 452 crore in Q1FY24 Aug-04-2023   14:56 Hrs IST Mahindra Finance gains on reporting 12% growth in disbursement during July Aug-04-2023   14:34 Hrs IST Mahindra & Mahindra Financial Services is currently trading at Rs. 290.05, up by 4.20 points or 1.47% from its previous closing of Rs. 285.85 on the BSE. The scrip opened at Rs. 285.80 and has touched a high and low of Rs. 293.20 and Rs. 285.80 respect...
Mahindra Finance gains on reporting 12% growth in disbursement during July
Mahindra Finance gains on reporting 12% growth in disbursement during July
Source: Accord Fintech
4/08/2023 3:16:51 PM
India's Mahindra and Mahindra Q1 profit nearly doubles on higher SUV sales India's Mahindra and Mahindra on Friday reported a first-quarter profit that nearly doubled, surpassing estimates, driven by higher sales of its expensive sports utility vehicles (SUVs). The maker of Scorpio, Thar and XUV ranges of SUVs posted a standalone profit after tax of 27.74 billion rupees ($335.10 million) in the April-June quarter, up from 14.04 billion rupees a year before. The company's quarterly profit beat analysts' expectation of 18.86 billion rupees as per Ref...
India's Mahindra and Mahindra Q1 profit nearly doubles on higher SUV sales
India's Mahindra and Mahindra Q1 profit nearly doubles on higher SUV sales
Source: Reuters
4/08/2023 2:52:44 PM
M&M group stocks under pressure after investment in RBL Bank, Tech Mahindra`s weak earnings miss  Stocks of the Mahindra & Mahindra (M&M) group have been under selling pressure and were the top Sensex losers on Thursday. M&M slumped 6.5 per cent after the company announced equity stake buy in RBL Bank. On Wednesday, it made an announcement of acquiring a 3.53 per cent stake in RBL Bank as an investment at a cost of Rs 417 crore. “We may consider further investment subject to pricing, regulatory approvals and required procedures. However, in no circumstance...
M&M group stocks under pressure after investment in RBL Bank, Tech Mahindra`s weak earnings miss
M&M group stocks under pressure after investment in RBL Bank, Tech Mahindra`s weak earnings miss
Source: IANS
27/07/2023 12:43:31 PM
Buy Mahindra & Mahindra Ltd For Target Rs.1,556 - Religare Broking Ltd Strong SUV portfolio aiding revenue growth: M&M Q4FY23 performance was in line with our expectations as its revenue came in at Rs 22,571 Cr, growing by 31.8% YoY/4.2% QoQ. The company continued to witness strong demand across its SUV portfolio while tractor segment posted mixed performance. Amongst segments, Auto division revenue came in at Rs 16,400 Cr, up by 35.9% YoY and 11.8% QoQ while Farm Equipment Services (FES) revenue was at Rs 5,584 Cr with a growth of 29% YoY while it declined ...
Buy Mahindra & Mahindra Ltd For Target Rs.1,556 - Religare Broking Ltd
Buy Mahindra & Mahindra Ltd For Target Rs.1,556 - Religare Broking Ltd
Source: Religare Broking Ltd
20/07/2023 3:51:24 PM
M&M rides high after its Farm Equipment Sector reports 6% rise in tractor sales in June Mahindra & Mahindra is currently trading at Rs. 1470.20, up by 16.45 points or 1.13% from its previous closing of Rs. 1453.75 on the BSE. The scrip opened at Rs. 1465.05 and has touched a high and low of Rs. 1498.55 and Rs. 1458.85 respectively. So far 113304 shares were traded on the counter. The BSE group 'A' stock of face value Rs. 5 has touched a 52 week high of Rs. 1498.55 on 03-July-2023 and a 52 week low of Rs. 1064.75 on 01-Jul-2022. Last one week high and low of ...
M&M rides high after its Farm Equipment Sector reports 6% rise in tractor sales in June
M&M rides high after its Farm Equipment Sector reports 6% rise in tractor sales in June
Source: Accord Fintech
3/07/2023 3:18:32 PM
Nucleus Software spurts on partnering with Mahindra & Mahindra Financial Services Nucleus Software is currently trading at Rs. 1142.60, up by 27.30 points or 2.45% from its previous closing of Rs. 1115.30 on the BSE. The scrip opened at Rs. 1111.05 and has touched a high and low of Rs. 1155.00 and Rs. 1100.00 respectively. So far 20491 shares were traded on the counter. The BSE group 'B' stock of face value Rs. 10 has touched a 52 week high of Rs. 1256.30 on 06-Jun-2023 and a 52 week low of Rs. 355.10 on 21-Jun-2022. Last one week high and low of the scrip...
Nucleus Software spurts on partnering with Mahindra & Mahindra Financial Services
Nucleus Software spurts on partnering with Mahindra & Mahindra Financial Services
Source: Accord Fintech
14/06/2023 10:47:25 AM
M&M gains on reporting 14% rise in sales at 61,415 units in May Mahindra & Mahindra is currently trading at Rs. 1327.65, up by 8.80 points or 0.67% from its previous closing of Rs. 1318.85 on the BSE. The scrip opened at Rs. 1322.50 and has touched a high and low of Rs. 1332.70 and Rs. 1320.75 respectively. So far 6030 shares were traded on the counter. The BSE group 'A' stock of face value Rs. 5 has touched a 52 week high of Rs. 1396.00 on 16-Feb-2023 and a 52 week low of Rs. 972.90 on 22-Jun-2022. Last one week high and low of the s...
M&M gains on reporting 14% rise in sales at 61,415 units in May
M&M gains on reporting 14% rise in sales at 61,415 units in May
Source: Accord Fintech
2/06/2023 10:14:41 AM
Mahindra & Mahindra surges on the BSE Mahindra & Mahindra is currently trading at Rs. 1324.15, up by 42.30 points or 3.30% from its previous closing of Rs. 1281.85 on the BSE. The scrip opened at Rs. 1312.05 and has touched a high and low of Rs. 1350.00 and Rs. 1300.60 respectively. So far 160424 shares were traded on the counter. The BSE group 'A' stock of face value Rs. 5 has touched a 52 week high of Rs. 1396.00 on 16-Feb-2023 and a 52 week low of Rs. 922.65 on 27-May-2022. Last one week high and low of th...
Mahindra & Mahindra surges on the BSE
Mahindra & Mahindra surges on the BSE
Source: Accord Fintech
29/05/2023 11:13:57 AM
Mahindra & Mahindra trades in green on reporting 15% rise in Q4 consolidated net profit Mahindra & Mahindra is currently trading at Rs. 1280.45, up by 2.90 points or 0.23% from its previous closing of Rs. 1277.55 on the BSE. The scrip opened at Rs. 1284.00 and has touched a high and low of Rs. 1293.15 and Rs. 1267.20 respectively. So far 267746 shares were traded on the counter. The BSE group 'A' stock of face value Rs. 5 has touched a 52 week high of Rs. 1396.00 on 16-Feb-2023 and a 52 week low of Rs. 914.85 on 26-May-2022. Last one week high and low of the...
Mahindra & Mahindra trades in green on reporting 15% rise in Q4 consolidated net profit
Mahindra & Mahindra trades in green on reporting 15% rise in Q4 consolidated net profit
Source: Accord Fintech
26/05/2023 4:07:11 PM
IFC to invest Rs 600 cr in Mahindra & Mahindra`s new last-mile EV firm Global development institution IFC will invest Rs 600 crore in a new last-mile mobility (LMM) company, a wholly-owned subsidiary of Mahindra & Mahindra that will be newly incorporated (NewCo), it announced on Wednesday. IFC's first investment in an EV manufacturer in the country, and the first in electric three-wheelers globally, will be in the form of compulsory convertible instruments at a valuation of up to Rs 6,020 crore. The Rs 600 crore investment will result in an ownersh...
IFC to invest Rs 600 cr in Mahindra & Mahindra`s new last-mile EV firm
IFC to invest Rs 600 cr in Mahindra & Mahindra`s new last-mile EV firm
Source: IANS
22/03/2023 11:19:05 AM
Buy Mahindra & Mahindra Ltd For Target Rs.1,600 - JM Financial Institutional Securities In-line Qtr; Robust demand for UVs to make up for peaking Tractor cycle JM Financial Institutional Securities Limited JM Financial Research is also available on: Bloomberg - JMFR , Thomson Publisher & Reuters, S&P Capital IQ, FactSet and Visible Alpha Please see Appendix I at the end of this report for Important Disclosures and Disclaimers and Research Analyst Certification. Mahindra & Mahindra (M&M) reported 3QFY23 EBITDA margin of 13% (+130bps YoY, +110bps QoQ), broadly i...
Buy Mahindra & Mahindra Ltd For Target Rs.1,600 - JM Financial Institutional Securities
Buy Mahindra & Mahindra Ltd For Target Rs.1,600 - JM Financial Institutional Securities
Source: JM Financial Institutional Securities Ltd
13/02/2023 4:58:07 PM
World's fastest accelerating e-car unveiled at Hyderabad E-Motor Show Battista, the world's fastest accelerating electric car, was unveiled at Hyderabad E-Motor Show here on Thursday. The pure-electric hyper GT Battista was unveiled for the first time in India at the show organised as part of the E-Mobility Week and it adds an important milestone, as the city gears up for India's first Formula E Grand Prix on February 11. Designed, developed, and made by Automobili Pininfarina, the Italian luxury car brand wholly owned by Mahindra & Mahindra, ...
World's fastest accelerating e-car unveiled at Hyderabad E-Motor Show
World's fastest accelerating e-car unveiled at Hyderabad E-Motor Show
Source: IANS
10/02/2023 11:02:22 AM
Mahindra to set up Electrical Vehicle manufacturing facility in Telangana Automotive major Mahindra & Mahindra Ltd will set up an electric vehicle manufacturing facility as expansion of its existing manufacturing facilities at Zaheerabad in Telangana, As part of its Last Mile Mobility business, Mahindra & Mahindra will manufacture electric 3 and 4 wheelers at this state-of-the-art facility. The Telangana government signed an MoU with Mahindra & Mahindra Ltd for establishing a manufacturing facility on the sidelines of the first edition of Mobility...
Mahindra to set up Electrical Vehicle manufacturing facility in Telangana
Mahindra to set up Electrical Vehicle manufacturing facility in Telangana
Source: IANS
10/02/2023 10:45:56 AM
Mahindra & Mahindra Financial Services hits 52-week high despite reporting 33% fall in Q3 consolidated net profit Mahindra & Mahindra Financial Services is currently trading at Rs. 263.60, up by 20.60 points or 8.48% from its previous closing of Rs. 243.00 on the BSE. The scrip opened at Rs. 252.00 and has touched a high and low of Rs. 267.30 and Rs. 250.25 respectively. So far 455532 shares were traded on the counter. The BSE group 'A' stock of face value Rs. 2 has touched a 52 week high of Rs. 267.30 on 06-Feb-2023 and a 52 week low of Rs. 127.95 on 07-Mar-2022. Last one week high ...
Mahindra & Mahindra Financial Services hits 52-week high despite reporting 33% fall in Q3 consolidated net profit
Mahindra & Mahindra Financial Services hits 52-week high despite reporting 33% fall in Q3 consolidated net profit
Source: Accord Fintech
6/02/2023 11:31:49 AM
Mahindra Finance surges on reporting 75% growth in disbursement during November Mahindra & Mahindra Financial Services is currently trading at Rs. 240.45, up by 11.45 points or 5.00% from its previous closing of Rs. 229.00 on the BSE. The scrip opened at Rs. 232.20 and has touched a high and low of Rs. 243.60 and Rs. 228.50 respectively. So far 498178 shares were traded on the counter. The BSE group 'A' stock of face value Rs. 2 has touched a 52 week high of Rs. 235.00 on 15-Sep-2022 and a 52 week low of Rs. 127.95 on 07-Mar-2022. Last one week high ...
Mahindra Finance surges on reporting 75% growth in disbursement during November
Mahindra Finance surges on reporting 75% growth in disbursement during November
Source: Accord Fintech
5/12/2022 11:39:34 AM
Key Stock News: Maruti Suzuki, Coal India , Reliance , Adani Green, Vodafone Idea - ARETE Securities Maruti Suzuki India records 14% increase in Nov sales at 159,044 units The country's largest carmaker Maruti Suzuki India on Thursday reported 14 per cent increase in total wholesales at 1,59,044 units in November. The company had dispatched 1,39,184 units to dealers in November 2021, MSI said in a statement. Coal India's production rises 17% to 412.6 MT in April-Nov period State-owned CIL on Thursday said it produced 412.6 million tonnes of coal in the April-November perio...
Key Stock News: Maruti Suzuki, Coal India , Reliance , Adani Green, Vodafone Idea - ARETE Securities
Key Stock News: Maruti Suzuki, Coal India , Reliance , Adani Green, Vodafone Idea - ARETE Securities
Source: ARETE Securities Ltd
2/12/2022 9:40:56 AM
Mahindra & Mahindra Financial Services allots NCDs aggregating Rs 4890 cr Mahindra & Mahindra Financial Services has allotted 2,245 Senior, Secured, Redeemable, Rated, Listed, Principal Protected Non-Convertible Market Linked Debentures [Series AH2022 - I (Further Issuance)] of the face value of Rs. 10,00,000 each, at a premium of Rs. 4,890 per debenture, aggregating to Rs. 225.60 crore, through private placement on 24 November 2022.
Mahindra & Mahindra Financial Services allots NCDs aggregating Rs 4890 cr
Mahindra & Mahindra Financial Services allots NCDs aggregating Rs 4890 cr
Source: Dion Global Services Ltd.
25/11/2022 4:11:33 PM
Mahindra Finance surges on raising Rs 225.60 crore Mahindra & Mahindra Financial Services is currently trading at Rs. 210.95, up by 2.15 points or 1.03% from its previous closing of Rs. 208.80 on the BSE. The scrip opened at Rs. 208.50 and has touched a high and low of Rs. 211.10 and Rs. 207.15 respectively. So far 39013 shares were traded on the counter. The BSE group 'A' stock of face value Rs. 2 has touched a 52 week high of Rs. 235.00 on 15-Sep-2022 and a 52 week low of Rs. 127.95 on 07-Mar-2022. Last one week high an...
Mahindra Finance surges on raising Rs 225.60 crore
Mahindra Finance surges on raising Rs 225.60 crore
Source: Accord Fintech
25/11/2022 10:37:08 AM
Life Insurance Corporation gains on acquiring additional stake in Mahindra & Mahindra Financial Services Life Insurance Corporation of India is currently trading at Rs. 625.00, up by 3.95 points or 0.64% from its previous closing of Rs. 621.05 on the BSE. The scrip opened at Rs. 622.30 and has touched a high and low of Rs. 631.10 and Rs. 622.30 respectively. So far 38098 shares were traded on the counter. The BSE group 'A' stock of face value Rs. 10 has touched a 52 week high of Rs. 920.00 on 17-May-2022 and a 52 week low of Rs. 588.00 on 21-Oct-2022. Last one week high and low ...
Life Insurance Corporation gains on acquiring additional stake in Mahindra & Mahindra Financial Services
Life Insurance Corporation gains on acquiring additional stake in Mahindra & Mahindra Financial Services
Source: Accord Fintech
24/11/2022 12:51:50 PM
Mahindra Finance jumps after its Quiklyz inks MoU with five Last Mile Mobility players Mahindra & Mahindra Financial Services is currently trading at Rs. 207.00, up by 2.80 points or 1.37% from its previous closing of Rs. 204.20 on the BSE. The scrip opened at Rs. 204.00 and has touched a high and low of Rs. 208.80 and Rs. 204.00 respectively. So far 98272 shares were traded on the counter. The BSE group 'A' stock of face value Rs. 2 has touched a 52 week high of Rs. 235.00 on 15-Sep-2022 and a 52 week low of Rs. 127.95 on 07-Mar-2022. Last one week high an...
Mahindra Finance jumps after its Quiklyz inks MoU with five Last Mile Mobility players
Mahindra Finance jumps after its Quiklyz inks MoU with five Last Mile Mobility players
Source: Accord Fintech
23/11/2022 3:44:18 PM
Mahindra & Mahindra Financial Services surges on raising Rs 407 crore through NCDs Mahindra & Mahindra Financial Services is currently trading at Rs. 203.10, up by 0.85 points or 0.42% from its previous closing of Rs. 202.25 on the BSE. The scrip opened at Rs. 201.05 and has touched a high and low of Rs. 204.40 and Rs. 199.30 respectively. So far 51749 shares were traded on the counter. The BSE group 'A' stock of face value Rs. 2 has touched a 52 week high of Rs. 235.00 on 15-Sep-2022 and a 52 week low of Rs. 127.95 on 07-Mar-2022. Last one week high an...
Mahindra & Mahindra Financial Services surges on raising Rs 407 crore through NCDs
Mahindra & Mahindra Financial Services surges on raising Rs 407 crore through NCDs
Source: Accord Fintech
21/11/2022 3:43:57 PM
Mahindra & Mahindra Financial Services trades jubilantly despite reporting 55% fall in Q2 consolidated net profit Mahindra & Mahindra Financial Services is currently trading at Rs. 211.70, up by 18.10 points or 9.35% from its previous closing of Rs. 193.60 on the BSE. The scrip opened at Rs. 201.20 and has touched a high and low of Rs. 212.95 and Rs. 201.20 respectively. So far 921587 shares were traded on the counter. The BSE group 'A' stock of face value Rs. 2 has touched a 52 week high of Rs. 235.00 on 15-Sep-2022 and a 52 week low of Rs. 127.95 on 07-Mar-2022. Last one week high ...
Mahindra & Mahindra Financial Services trades jubilantly despite reporting 55% fall in Q2 consolidated net profit
Mahindra & Mahindra Financial Services trades jubilantly despite reporting 55% fall in Q2 consolidated net profit
Source: Accord Fintech
3/11/2022 11:02:53 AM
Key Stock News: India Inc, Mahindra & Mahindra Financial Services, Bharti Airtel, ITC, L&T Technology Services, Motherson Sumi Wiring India - ARETE Securities India Inc moves to Dubai in droves as emirate eases ownership rules Reliance Industries Chairman Mukesh Ambani might have made news for purchasing the most expensive beach-side villa in Dubai recently, but he is not the only Indian eyeing the city for investment. Since Dubai allowed foreign investors full ownership in specific sectors in June 2021, a horde of Indian companies have moved or expanded into the desert city. The list even includes a kindergarten, an elementary and middle school...
Key Stock News: India Inc, Mahindra & Mahindra Financial Services, Bharti Airtel, ITC, L&T Technology Services, Motherson Sumi Wiring India - ARETE Securities
Key Stock News: India Inc, Mahindra & Mahindra Financial Services, Bharti Airtel, ITC, L&T Technology Services, Motherson Sumi Wiring India - ARETE Securities
Source: Arete Securities Ltd
1/11/2022 9:54:40 AM
M&M trades higher on inking pact with CHARGE+ZONE Mahindra & Mahindra is currently trading at Rs. 1309.15, up by 16.00 points or 1.24% from its previous closing of Rs. 1293.15 on the BSE. The scrip opened at Rs. 1297.35 and has touched a high and low of Rs. 1309.95 and Rs. 1290.60 respectively. So far 14690 shares were traded on the counter. The BSE group 'A' stock of face value Rs. 5 has touched a 52 week high of Rs. 1365.90 on 09-Sep-2022 and a 52 week low of Rs. 671.00 on 08-Mar-2022. Last one week high and low of the...
M&M trades higher on inking pact with CHARGE+ZONE
M&M trades higher on inking pact with CHARGE+ZONE
Source: Accord Fintech
28/10/2022 10:41:32 AM
Mahindra & Mahindra trades higher on incorporating wholly owned subsidiary Mahindra & Mahindra is currently trading at Rs. 1291.35, up by 10.60 points or 0.83% from its previous closing of Rs. 1280.75 on the BSE. The scrip opened at Rs. 1280.85 and has touched a high and low of Rs. 1294.75 and Rs. 1280.00 respectively. So far 10755 shares were traded on the counter. The BSE group 'A' stock of face value Rs. 5 has touched a 52 week high of Rs. 1365.90 on 09-Sep-2022 and a 52 week low of Rs. 671.00 on 08-Mar-2022. Last one week high and low of the...
Mahindra & Mahindra trades higher on incorporating wholly owned subsidiary
Mahindra & Mahindra trades higher on incorporating wholly owned subsidiary
Source: Accord Fintech
27/10/2022 11:52:34 AM
Mahindra Finance gains on raising Rs 2000 crore via NCDs Mahindra & Mahindra Financial Services is currently trading at Rs. 184.85, up by 1.50 points or 0.82% from its previous closing of Rs. 183.35 on the BSE. The scrip opened at Rs. 184.25 and has touched a high and low of Rs. 185.25 and Rs. 179.10 respectively. So far 905992 shares were traded on the counter. The BSE group 'A' stock of face value Rs. 2 has touched a 52 week high of Rs. 235.00 on 15-Sep-2022 and a 52 week low of Rs. 127.95 on 07-Mar-2022. Last one week high a...
Mahindra Finance gains on raising Rs 2000 crore via NCDs
Mahindra Finance gains on raising Rs 2000 crore via NCDs
Source: Accord Fintech
27/09/2022 2:33:29 PM
Mahindra Financial tumbles on the bourses Mahindra & Mahindra Financial Services is currently trading at Rs. 183.15, down by 11.30 points or 5.81% from its previous closing of Rs. 194.45 on the BSE. The scrip opened at Rs. 190.90 and has touched a high and low of Rs. 191.35 and Rs. 176.80 respectively. So far 659712 shares were traded on the counter. The BSE group 'A' stock of face value Rs. 2 has touched a 52 week high of Rs. 235.00 on 15-Sep-2022 and a 52 week low of Rs. 127.95 on 07-Mar-2022. Last one week hig...
Mahindra Financial tumbles on the bourses
Mahindra Financial tumbles on the bourses
Source: Accord Fintech
26/09/2022 3:45:27 PM
FICCI organising the 13th Global Skills Summit 2022 on September 27-28 After two years of absence due to the Covid-19 pandemic, the summit has entered its 15th year of inception. FICCI Skills is proud to have been a pioneer in creating India's largest skill conclave which sees participation from India and abroad. For years we have been discussing pertinent themes like skills and knowledge, emerging skills -- India 2020, Quality Paradigms in Vocational Training, New Age Skills for Today and Tomorrow and many more. This year the summit would focus on "...
FICCI organising the 13th Global Skills Summit 2022 on September 27-28
FICCI organising the 13th Global Skills Summit 2022 on September 27-28
Source: IANS
22/09/2022 12:59:25 PM
Mahindra & Mahindra gains on collaborating with UCO Bank Mahindra & Mahindra is currently trading at Rs. 1306.00, up by 6.05 points or 0.47% from its previous closing of Rs. 1299.95 on the BSE. The scrip opened at Rs. 1282.20 and has touched a high and low of Rs. 1309.25 and Rs. 1280.15 respectively. So far 71308 shares were traded on the counter. The BSE group 'A' stock of face value Rs. 5 has touched a 52 week high of Rs. 1365.90 on 09-Sep-2022 and a 52 week low of Rs. 671.00 on 08-Mar-2022. Last one week high and low of the ...
Mahindra & Mahindra gains on collaborating with UCO Bank
Mahindra & Mahindra gains on collaborating with UCO Bank
Source: IANS
14/09/2022 11:29:59 AM
Mahindra Finance moves up on raising Rs 303.98 crore via NCDs Mahindra & Mahindra Financial Services is currently trading at Rs. 221.65, up by 1.80 points or 0.82% from its previous closing of Rs. 219.85 on the BSE. The scrip opened at Rs. 219.45 and has touched a high and low of Rs. 222.80 and Rs. 217.20 respectively. So far 140956 shares were traded on the counter. The BSE group 'A' stock of face value Rs. 2 has touched a 52 week high of Rs. 221.20 on 06-Sep-2022 and a 52 week low of Rs. 127.95 on 07-Mar-2022. Last one week high a...
Mahindra Finance moves up on raising Rs 303.98 crore via NCDs
Mahindra Finance moves up on raising Rs 303.98 crore via NCDs
Source: Accord Fintech
7/09/2022 1:01:12 PM
Hold Mahindra And Mahindra Financial Services Ltd For Target Rs. 210 - Emkay Global Financial Services Ltd Asset-quality concerns remain the focal point * Mahindra Finance (MMFS) reported Q1FY23 earnings of Rs2.2bn, below our estimate of Rs5bn. Considering the implementation of RBI’s new NPA regime from October 1, 2022, operating expense and credit costs would remain elevated on account of intensified recovery/resolution efforts along with investment in new product segments. During the quarter, disbursements grew by 3% qoq/145% yoy, driven by growth in tractors, utility vehicles, and cars...
Hold Mahindra And Mahindra Financial Services Ltd For Target Rs. 210 - Emkay Global Financial Services Ltd
Hold Mahindra And Mahindra Financial Services Ltd For Target Rs. 210 - Emkay Global Financial Services Ltd
Source: Emkay Global Financial Services Ltd
2/09/2022 3:41:11 PM
Mahindra Finance gains on raising Rs 275 crore via NCDs Mahindra & Mahindra Financial Services is currently trading at Rs. 196.20, up by 0.90 points or 0.46% from its previous closing of Rs. 195.30 on the BSE. The scrip opened at Rs. 194.05 and has touched a high and low of Rs. 197.10 and Rs. 194.05 respectively. So far 55068 shares were traded on the counter. The BSE group 'A' stock of face value Rs. 2 has touched a 52 week high of Rs. 212.70 on 22-Jul-2022 and a 52 week low of Rs. 127.95 on 07-Mar-2022. Last one week high an...
Mahindra Finance gains on raising Rs 275 crore via NCDs
Mahindra Finance gains on raising Rs 275 crore via NCDs
Source: IANS
24/08/2022 2:37:58 PM
Buy Mahindra & Mahindra Financial Services Ltd For Target Rs. 235 - Motilal Oswal Financial Strengthening its core to drive efficiencies and reap rewards Expect volatility in profitability and credit costs to decline meaningfully Mahindra Finance (MMFS) has demonstrated utmost seriousness in overcoming its weaknesses that led to a lot of volatility in its reported margins, asset quality and credit costs. MMFS has also embarked on a few other strategic initiatives, which will help it: a) improve productivity, bring efficiencies and reduce the operating cost ratios, b) target th...
Buy Mahindra & Mahindra Financial Services Ltd For Target Rs. 235 - Motilal Oswal Financial
Buy Mahindra & Mahindra Financial Services Ltd For Target Rs. 235 - Motilal Oswal Financial
Source: Motilal Oswal Financial Services Ltd
29/07/2022 12:43:40 PM
Mahindra Finance surges on raising Rs 80 crore via NCDs Mahindra & Mahindra Financial Services is currently trading at Rs. 207.05, up by 2.85 points or 1.40% from its previous closing of Rs. 204.20 on the BSE. The scrip opened at Rs. 203.00 and has touched a high and low of Rs. 208.20 and Rs. 203.00 respectively. So far 152290 shares were traded on the counter. The BSE group 'A' stock of face value Rs. 2 has touched a 52 week high of Rs. 209.20 on 19-Jul-2022 and a 52 week low of Rs. 127.95 on 07-Mar-2022. Last one week high a...
Mahindra Finance surges on raising Rs 80 crore via NCDs
Mahindra Finance surges on raising Rs 80 crore via NCDs
Source: Accord Fintech
21/07/2022 2:34:10 PM
M&M to hive off Electric Vehicle car business, ropes in BII as equity partner  India's automobile major Mahindra & Mahindra Ltd (M&M) will hive off its assets relating to the four-wheeler passenger electric vehicles to a new company in which the British International Investment (BII) will invest upto Rs 1,925 crore for 2.75 per cent to 4.76 per cent stake. The four-wheeler electric vehicle business is valued at Rs 70,070 crore and will roll out electric sport utility vehicle (SUV) first. The M&M said it would also invest Rs 1,925 crore in the...
M&M to hive off Electric Vehicle car business, ropes in BII as equity partner
M&M to hive off Electric Vehicle car business, ropes in BII as equity partner
Source: IANS
8/07/2022 11:49:57 AM
Mahindra Finance trades higher on disbursing Rs 3,750 crore in June 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 an...
Mahindra Finance trades higher on disbursing Rs 3,750 crore in June
Mahindra Finance trades higher on disbursing Rs 3,750 crore in June
Source: Accord Fintech
5/07/2022 10:47:24 AM
Update On Mahindra & Mahindra Financial Services Ltd By Motilal Oswal Disbursements in May’22 reflect momentum in demand; collections in line with pre-COVID levels Key takeaways from MMFS’ business update * MMFS reported disbursements of INR29.7b in May’22 (up 272% YoY on a low base, impacted by the second COVID wave). Disbursements grew 8% MoM. In FY23 till date, disbursements stood at INR56.9b (up 170% YoY). * Collection efficiency (CE) stood at 95% in May’22 (v/s 90% in Apr’22). The YoY comparisons are distorted due to ...
Update On Mahindra & Mahindra Financial Services Ltd By Motilal Oswal
Update On Mahindra & Mahindra Financial Services Ltd By Motilal Oswal
Source: Motilal Oswal Financial Services Ltd
14/06/2022 1:51:49 PM
Mahindra Finance jumps on disbursing Rs 2,973 crore in May Mahindra & Mahindra Financial Services is currently trading at Rs. 188.70, up by 3.50 points or 1.89% from its previous closing of Rs. 185.20 on the BSE. The scrip opened at Rs. 186.50 and has touched a high and low of Rs. 189.25 and Rs. 185.40 respectively. So far 116303 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 a...
Mahindra Finance jumps on disbursing Rs 2,973 crore in May
Mahindra Finance jumps on disbursing Rs 2,973 crore in May
Source: Accord Fintech
3/06/2022 12:35:42 PM
Stock Picks - ITC Ltd and Mahindra & Mahindra Financial Services Ltd By ICICI Direct ITC  Ltd  Buy ITC  Ltd @ 266.00-267.00 CMP 266.40 Stop Loss 263.90 Target 271.00   Mahindra & Mahindra Financial Services Ltd Sell Mahindra & Mahindra Financial Services Ltd @ 163.00-163.50 CMP 163.35 Stop Loss 164.90 Target 160.30   To Read Complete Report & Disclaimer Click Here   https://secure.icicidirect.com/Content/StaticData/Disc...
Stock Picks - ITC Ltd and Mahindra & Mahindra Financial Services Ltd By ICICI Direct
Stock Picks - ITC Ltd and Mahindra & Mahindra Financial Services Ltd By ICICI Direct
Source: ICICI Direct
26/05/2022 12:19:36 PM
Buy Mahindra & Mahindra Financial Services Ltd For Target Rs.220 - JM Financial Services 2025 targets contingent on flawless execution In 4QFY22, M&M Financial (MMFS) generated PAT of INR 6bn (4x YoY/ -33% QoQ), helped by reversal of provisions. Operational performance was weak (PPOP declined 15% YoY/ 15% QoQ) due to: i) tepid interest income on account of provision for excess interest refund (INR 1.4bn or 6% of interest income), ii) high opex (cost to asset: 3.4% vs. 2.5% YoY/ 2.9% YoY). Disbursement was strong (+54% YoY/ +15% QoQ) though higher repayment resulted in decl...
Buy Mahindra & Mahindra Financial Services Ltd For Target Rs.220 - JM Financial Services
Buy Mahindra & Mahindra Financial Services Ltd For Target Rs.220 - JM Financial Services
Source: JM Financial Services Ltd
7/05/2022 9:31:43 AM