NEW DELHI: Shares of Mahindra & Mahindra Financial Services Ltd. traded 1.6 per cent down in Tuesday’s trade at 11:15AM (IST). Around 164,421 shares changed hands on the counter.

The stock opened at Rs 126.5 and touched an intraday high and low of Rs 126.7 and Rs 122.55, respectively, in the session so far. The stock of Mahindra & Mahindra Financial Services Ltd. quoted a 52-week high of Rs 245.74 and a 52-week low of Rs 76.46.

Total market cap of the Mahindra & Mahindra Financial Services Ltd. stood at Rs 7623.22 crore at the time of writing this report.

Key Financials

The company reported consolidated net sales of Rs 3056.62 crore for the quarter ended 30-Jun-2020, down 1.43 per cent from previous quarter’s Rs 3101 crore and down 8.32 per cent from the year-ago quarter’s Rs 2821.88 crore.

The net profit for latest quarter stood at Rs 431.72 crore, up 302.61 per cent from the corresponding quarter last year.

Shareholding pattern

As of 30-Jun-2020, DIIs held 9.36 per cent stake in the firm, while foreign institutional investors held 23.52 per cent and the promoters 51.19 per cent.

Valuation ratio

According to BSE data, the stock traded at a P/E multiple of 5.45 and a price-to-book ratio of 0.76. A higher P/E ratio shows investors are willing to pay a higher price because of better future growth expectations. Price-to-book value indicates the inherent value of a company and is the measure of the price that investors are ready to pay even for no growth in the business.

Mahindra & Mahindra Financial Services Ltd. belongs to the NBFC – Consumer industry.

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