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M&M Finance gains on plan of raising Rs 5,000 crore through bonds

23 Dec 2016 Evaluate

Mahindra & Mahindra Financial Services (M&M Finance) is currently trading at Rs. 255.00, up by 1.35 points or 0.53% from its previous closing of Rs. 253.65 on the BSE.

The scrip opened at Rs. 247.60 and has touched a high and low of Rs. 256.80 and Rs. 247.60 respectively. So far 39544 shares were traded on the counter.

The BSE group 'A' stock of face value Rs. 2 has touched a 52 week high of Rs. 405.00 on 04-Oct-2016 and a 52 week low of Rs. 173.40 on 12-Feb-2016.

Last one week high and low of the scrip stood at Rs. 269.00 and Rs. 247.00 respectively. The current market cap of the company is Rs. 14497.82 crore.

The promoters holding in the company stood at 51.93%, while institutions and non-institutions held 42.26% and 5.81% respectively.

M&M Finance is planning to raise Rs 5,000 crore through bonds. The company has established Rs 5,000 crore medium term note programme.

M&M Finance is a large non-banking finance company and M&M is a leading Indian automobile company. Besides financing M&M’s vehicles, it is also the holding company of the group's other financial services forays, including rural housing finance.

 

Mah & Mah Finl. Serv Share Price

302.20 6.00 (2.03%)
10-Apr-2026 16:59 View Price Chart
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