Mahindra & Mahindra Financial Services Ltd spurts 2.32%, up for third straight session

Capital Market 

The stock is quoting at Rs 487.45, up 2.32% on the day as on 12:49 IST on the NSE. Financial Services Ltd is up 14.6% in last one year as compared to a 18.52% gain in and a 17.16% gain in the Financial Services index.

& Mahindra Financial Services Ltd rose for a third straight session today. The stock is quoting at Rs 487.45, up 2.32% on the day as on 12:49 IST on the NSE. The benchmark is down around 0.2% on the day, quoting at 11714.7. The Sensex is at 38846.49, down 0.13%. Financial Services Ltd has dropped around 5.06% in last one month.

Meanwhile, index of which is a constituent, has dropped around 0.52% in last one month and is currently quoting at 11796.95, up 0.02% on the day. The volume in the stock stood at 5.52 lakh shares today, compared to the daily average of 12.2 lakh shares in last one month.

The benchmark August futures contract for the stock is quoting at Rs 486.95, up 1.96% on the day. is up 14.6% in last one year as compared to a 18.52% gain in NIFTY and a 17.16% gain in the index.

The PE of the stock is 27.26 based on earnings ending June 18.

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First Published: Wed, August 29 2018. 13:05 IST