Mahindra & Mahindra Financial Services is currently trading at Rs. 152.70, up by 3.90 points or 2.62% from its previous closing of Rs. 148.80 on the BSE.
The scrip opened at Rs. 151.00 and has touched a high and low of Rs. 154.50 and Rs. 149.65 respectively. So far 416854 shares were traded on the counter.
The BSE group ‘A’ stock of face value Rs. 2 has touched a 52 week high of Rs. 432.90 on 06-Jun-2019 and a 52 week low of Rs. 125.40 on 22-May-2020.
Last one week high and low of the scrip stood at Rs. 160.65 and Rs. 143.85 respectively. The current market cap of the company is Rs. 9442.54 crore.
The promoters holding in the company stood at 51.19%, while Institutions and Non-Institutions held 39.50% and 9.32% respectively.
Mahindra & Mahindra Financial Services (Mahindra Finance) has raised Rs 86 crore through Secured Redeemable Principal Protected Non Convertible Market Linked Debentures (NCDs) and allotted 860 NCDs having face value of Rs 10 lakh each, at par. The duly authorized Committee at its meeting held on June 05, 2020 has approved and allotted the same.
Mahindra Finance is one of India’s leading non-banking finance companies