Mahindra & Mahindra Financial Services is currently trading at Rs. 489.00, up by 4.25 points or 0.88% from its previous closing of Rs. 484.75 on the BSE.
The scrip opened at Rs. 487.20 and has touched a high and low of Rs. 495.45 and Rs. 487.20 respectively. So far 37426 shares were traded on the counter.
The BSE group 'A' stock of face value Rs. 2 has touched a 52 week high of Rs. 537.50 on 02-May-2018 and a 52 week low of Rs. 348.95 on 18-Jul-2017.
Last one week high and low of the scrip stood at Rs. 495.45 and Rs. 462.65 respectively. The current market cap of the company is Rs. 30360.06 crore.
The promoters holding in the company stood at 51.19%, while Institutions and Non-Institutions held 40.46% and 8.35% respectively.
Mahindra & Mahindra Financial Services (Mahindra Finance) has received approval to invest an amount not exceeding Rs 4 crore in AAPCA Demystifying Data Technologies by way of subscribing to and/or acquiring Equity Shares and/or Convertible Securities including Optionally Convertible Debentures/ Compulsorily Convertible Debentures, at par or at a premium, in one or more tranches. The Committee of Directors of the company at its meeting held on July 17, 2018, approved the same.
Mahindra Finance one of India’s leading non-banking finance companies.