Edition:
United Kingdom

Mahindra and Mahindra Financial Services Ltd (MMFS.NS)

MMFS.NS on National Stock Exchange of India

361.40INR
19 Jul 2019
Change (% chg)

Rs-16.00 (-4.24%)
Prev Close
Rs377.40
Open
Rs378.00
Day's High
Rs380.05
Day's Low
Rs358.90
Volume
2,306,752
Avg. Vol
1,858,431
52-wk High
Rs526.85
52-wk Low
Rs342.65

Latest Key Developments (Source: Significant Developments)

Mahindra And Mahindra Financial Services Signs Agreement With Manulife Asset Management (Singapore)
Friday, 21 Jun 2019 

June 21 (Reuters) - Mahindra and Mahindra Financial Services Ltd ::EXECUTION OF SHARE SUBSCRIPTION AGREEMENT AND SHAREHOLDERS' AGREEMENT WITH MANULIFE ASSET MANAGEMENT (SINGAPORE).MANULIFE WILL MAKE INVESTMENT IN STAKE OF MAMCPL AND MTCPL AGGREGATING $34.9 MILLION AND $ 0.1 MILLION RESPECTIVELY.POST INVESTMENT, CO WILL HOLD 51% OF MAHINDRA ASSET MANAGEMENT AND MAHINDRA TRUSTEE COMPANY.  Full Article

Mahindra And Mahindra Financial Services March-Qtr Profit Rises
Wednesday, 24 Apr 2019 

April 24 (Reuters) - Mahindra and Mahindra Financial Services Ltd ::PROPOSED A DIVIDEND OF 6.50 RUPEES PER SHARE.MARCH QUARTER PROFIT 5.88 BILLION RUPEES VERSUS PROFIT OF 3.14 BILLION RUPEES LAST YEAR.CONSENSUS FORECAST FOR MARCH QUARTER PROFIT WAS 3.94 BILLION RUPEES.MARCH QUARTER TOTAL REVENUE FROM OPERATIONS 24.55 BILLION RUPEES VERSUS 17.97 BILLION RUPEES LAST YEAR.  Full Article

Mahindra & Mahindra Financial Services Approves Share Acquisition Of MRHFL Worth 2.87 Bln Rupees
Wednesday, 27 Mar 2019 

March 27 (Reuters) - MAHINDRA & MAHINDRA FINANCIAL SERVICES::APPROVES BUYING 11.9 MILLION SHARES OF MAHINDRA RURAL HOUSING FINANCE WORTH INR 2.87 BILLION FROM NATIONAL HOUSING BANK.  Full Article

India's Mahindra And Mahindra Financial Services Dec Quarter Profit 19.6 Pct Down
Friday, 25 Jan 2019 

Jan 25 (Reuters) - Mahindra and Mahindra Financial Services Ltd ::DEC QUARTER PROFIT 3.19 BILLION RUPEES VERSUS PROFIT OF 3.96 BILLION RUPEES LAST YEAR.DEC QUARTER REVENUE FROM OPERATIONS 22.23 BILLION RUPEES VERSUS 18.19 BILLION RUPEES LAST YEAR.TOTAL ASSETS UNDER MANAGEMENT STOOD AT 630.73 BILLION RUPEES AS ON DEC 31.  Full Article

Mahindra And Mahindra Financial Services To Issue NCDs Worth 5 Bln Rupees
Thursday, 3 Jan 2019 

Jan 3 (Reuters) - Mahindra and Mahindra Financial Services Ltd ::TO ISSUE NCDS OF FACE VALUE OF 1,000 RUPEES EACH FOR AN AMOUNT OF 5 BILLION RUPEES.ISSUE TO HAVE OPTION TO RETAIN OVERSUBSCRIPTION UPTO TO 30 BILLION RUPEES.  Full Article

India's Mahindra and Mahindra Financial Services Dec Qtr Consol Profit Rises
Wednesday, 24 Jan 2018 

Jan 24 (Reuters) - Mahindra And Mahindra Financial Services Ltd ::DEC QUARTER CONSOL PROFIT 3.71 BILLION RUPEES.DEC QUARTER CONSOL REVENUE FROM OPERATIONS 21.82 BILLION RUPEES.CONSOL PROFIT IN DEC QUARTER LAST YEAR WAS 160.1 MILLION RUPEES; CONSOL REVENUE FROM OPERATIONS WAS 17.35 BILLION RUPEES.SAYS TOTAL ASSETS UNDER MANAGEMENT OF 517.82 BILLION RUPEES AS ON DEC 31.  Full Article

Mahindra & Mahindra Financial Services Sept-qtr profit down 17.7 pct
Wednesday, 25 Oct 2017 

Oct 25 (Reuters) - Mahindra And Mahindra Financial Services Ltd ::Mahindra And Mahindra Financial Services Ltd consensus forecast for Sept-quarter profit was 1.60 billion rupees .Sept quarter profit 779.9 million rupees.Sept quarter revenue from operations 16.61 billion rupees.Profit in Sept quarter last year was 948.2 million rupees; revenue from operations was 14.92 billion rupees.Says AUM as on Sept 30 up by 14 percent at 499.18 billion rupees‍​.  Full Article

Mahindra and Mahindra Financial Services approves allotment of NCDs worth 2.50 bln rupees
Wednesday, 18 Oct 2017 

Oct 18 (Reuters) - Mahindra and Mahindra Financial Services Ltd :Mahindra and Mahindra Financial Services - approved allotment of secured NCDs worth 2.50 billion rupees.  Full Article