SEBI Reg. Investment Advisor

Download App

MoneyWorks4Me

Mahindra Financial tumbles on the bourses

26 Sep 2022 Evaluate

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 high and low of the scrip stood at Rs. 229.70 and Rs. 176.80 respectively. The current market cap of the company is Rs. 22406.56 crore.

The promoters holding in the company stood at 52.16%, while Institutions and Non-Institutions held 35.50% and 12.34% respectively.

The Reserve Bank of India (RBI) had directed Mahindra & Mahindra Financial Services (Mahindra Finance) to immediately cease carrying out any recovery or repossession activity through outsourcing arrangements, till further orders. However, the Company may continue to carry out recovery or repossession activities, through its own employees. This action is based on certain material supervisory concerns observed in the company, with regard to the management of its outsourcing activities.

In the normal course of its business, the company repossesses about 4000 to 5000 vehicles per month, using the third-party agencies and its own employees. The company expects this number to go down temporarily by about 3000 to 4000 per month, as the company implements the RBI order with immediate effect. The company has not outsourced any collection activities in its vehicle finance business to any third-party agencies and therefore, the company does not expect any impact on the collections in this business.

Mahindra & Mahindra Financial Services is one of India’s leading non-banking finance companies.

Mah & Mah Finl. Serv Share Price

299.75 2.45 (0.82%)
17-Apr-2026 16:59 View Price Chart
Peers

About MoneyWorks4Me

MoneyWorks4Me is a SEBI-registered Investment Adviser (IA) dedicated to helping investors build long-term wealth through transparent, research-driven, conflict-free guidance. Founded in 2008, we started our journey as a Research Analyst (RA), providing deep fundamental analysis, intrinsic value insights, and long-term investing frameworks for Indian equities. In 2017, we transitioned to a full-fledged SEBI-registered Investment Adviser, strengthening our commitment to acting as a fiduciary—always putting the investor’s interest first.

Our Vision

To become India’s most trusted, research-powered fiduciary advisory platform—where every investor, regardless of experience, can make calm, confident, and well-reasoned investment decisions.

What Makes MoneyWorks4Me Different

Our Approach: Ensuring compounding work its magic on client portfolio.

MoneyWorks4Me ensures this through:

×