Time period given by analyst is Intra Day when Mahindra & Mahindra Financial Services Ltd. price can reach defined target.
Mahindra & Mahindra Financial Services Ltd., incorporated in the year 1991, is a Large Cap company (having a market cap of Rs 19163.07 Crore) operating in NBFC sector.
Financials
For the quarter ended 30-06-2021, the company reported a Consolidated Total Income of Rs 2566.84 Crore, down -15.52 % from last quarter Total Income of Rs 3038.37 Crore and down -16.35 % from last year same quarter Total Income of Rs 3068.68 Crore. Company reported net profit after tax of Rs -1590.29 Crore in latest quarter.
Investment Rationale
Reversed sharply post double bottom; trend line breakout with huge volume hints at upward move
Promoter/FII Holdings
Promoters held 52.2 per cent stake in the company as of June 30, 2021, while FIIs held 18.2 per cent, DIIs 16.5 per cent and public and others 13.1 per cent.
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