Page 2 - M&m Financial Services

Mahindra group: M&M, Mahindra Holidays may jump up to 25%, charts show

The Mahindra Group stocks, barring Tech Mahindra, have outperformed the benchmark indices considerably so far in 2022, and look fairly strong on the charts poised for more gains ahead.

Bull Spread strategy on M&M Financial by Nandish Shah of HDFC Securities

Short term trend of the stock has turned positive as it closed above its 10-and 20-day EMA

M&M Finance suffers huge Q1 loss at Rs 1,529 cr on sharp rise in provisions

Makes expected credit loss provision of Rs 2,124 cr

Mahindra Finance Q4 consolidated net down 8% to Rs 219 cr, income down 3%

Full-year profit down 28% to Rs 780 cr; firm proposes 40% dividend for FY21

Trading calls by Nilesh Jain of Anand Rathi: Sell Info Edge, M&M Financial

The momentum indicators and oscillators have turned negative for M&M Financial Services' shares, where MACD has provided fresh sell crossover on the daily chart

Central bank's proposals on dividend payouts weigh on state-owned NBFCs

The RBI has proposed that the payouts from next financial year will depend upon factors such as capital adequacy, non-performing asset ratio and leverage ratio.

Sensex surges 377 pts as financial, FMCG stocks rally; Nifty ends at 11,889

All that happened in the markets today

M&M Financial Services' net profit rises 21% to Rs 304 crore in Q2

The provisions and write-offs stood at Rs 619.4 crore in Q2Fy21, up from Rs 360.7 crore in the year-ago period

Out of the woods? Analysts turn bullish on NBFCs on improved liquidity

Recent steps by the government and the RBI to keep systemic liquidity and rates benign along with direct liquidity to NBFCs facing constraints, in the wake of Covid-19, have helped, analysts say

Fund raising through rights gains currency following RIL mega issue

Regulatory tweaks aid momentum, with half a dozen firms launching or are in the process of issuing fresh equity shares through this route over the past month

M&M Financial gains 12% on 1:1 rights issues at Rs 50 per share

M&M said that its board has approved to subscribe to the equity shares of MMFSL to the full extent of the Company's rights entitlement.

M&M Finance Q3 gets thumbs up despite sluggish disbursements; stock up 8%

The stock is up 8 per cent intraday as operating profits jumped by 19% due to cost efficiency; analysts expect rural economy to revive going ahead

Real growth story to start next festive season: M&M Finance MD Ramesh Iyer

RAMESH IYER, vice-chairman and managing director of the company, tells Shreepad S Aute that NBFCs may not be able to cover the fall in loan sanctions in the second half

M&M Financial Services hits over 2-year low on weak June quarter results

The NBFC reported a sharp 75 per cent year on year (YoY) decline in its standalone net profit at Rs 68 crore in the April-June quarter (Q1FY20), due to higher provisioning for stressed assets.

We'd rather look at buying portfolios than a firm: M&M Financial MD & CEO

While the liquidity crunch continues to haunt NBFCs, Ramesh Iyer feels the current fiscal could turn out to be marginally better

M&M Financial Services' return on equity may improve by 300 bps: Analysts

Good demand from rural markets to keep loan book growth buoyant and credit cost lower

M&M Financial Services better placed than peers as stock gains 19% in Oct

According to the company, it has a 25 per cent positive gap between assets and liabilities maturing in the next one year

M&M Financial hits 52-week high after QIP launch

The stock hit a 52-week high of Rs 461, up 5% on the BSE in early morning trade.

M&M Financial Services declines on domestic brokerage downgrade

he brokerage does not see any upside for MMFSL stock for now

M&M Financial Services March quarter profit up 12% at Rs 411 cr

Total income increased to Rs 1,904.88 crore from Rs 1,680.10 crore in the same period a year ago