Mahindra Finance gains on the bourses

Mahindra Finance gains on the bourses

by admin- Thursday, February 21st, 2019 04:59:08 PM

Mahindra & Mahindra Financial Services is presently buying and selling at Rs. 383.55, up by means of 2.20 points or zero.58% from its preceding ultimate of Rs. 381.35 on the BSE.

The scrip opened at Rs. 385.15 and has touched a excessive and occasional of Rs. 386.05 and Rs. 379.35 respectively. So some distance 36172 shares were traded at the counter.

The BSE group ‘A’ inventory of face value Rs. 2 has touched a fifty two week excessive of Rs. 537.50 on 02-May-2018 and a fifty two week low of Rs. 351.00 on 08-Oct-2018.

Last one week high and low of the scrip stood at Rs. 396.Eighty five and Rs. 368.55 respectively. The current market cap of the business enterprise is Rs. 23598.62 crore.

The promoters holding within the organisation stood at fifty one.19%, at the same time as Institutions and Non-Institutions held forty.Eleven% and 8.70% respectively.

Mahindra & Mahindra Financial Services (Mahindra Finance) has acquired an acclaim for the allotment of 262 Secured Redeemable Principal Protected – Market Linked Non-Convertible Debentures(NCDs) of the face price of Rs 10,00,000 each, at top rate, aggregating to Rs 26.20 crore. The duly legal Committee at its meeting hung on February 20, 2019, authorised the same.

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