LIVE MARKET TRACKER :   BSE SENSEX   26429.85      |    NSE NIFTY 7879.40    
GLOBAL MARKETS :  NASDAQ 4316.075   +1.35%    |    FSI London 6267.07   -0.68%    |    NIKKEI Japan 15064.37   -0.31%
  USD GBP EUR CAD AUD INR
USD - 0.6187 0.7814 1.1293 1.1379 61.365
GBP 1.6165 - 1.2631 1.8256 1.8394 99.1978
EUR 1.28 0.7919 - 1.4455 1.4565 78.5441
CAD 0.8856 0.5479 0.6919 - 1.0077 54.3423
AUD 0.8791 0.5439 0.6869 0.9928 - 53.9447
INR 0.0163 0.0101 0.0127 0.0184 0.0185 -
Indian-Commodity  :  Equity & Shares  :  Mahindra & Mahindra Financial drops despite reporting 29% rise in Q3FY13 net profit

Mahindra & Mahindra Financial drops despite reporting 29% rise in Q3FY13 net profit (18-Jan-2013)

Mahindra & Mahindra Financial Services is currently trading at Rs 1122.05, down by 15.40 points or 1.21% from its previous closing of Rs 1135.90 on the BSE.

The scrip opened at Rs 1140.40 and has touched a high and low of Rs 1151.00 and Rs 1118.00 respectively. So far 28128 shares were traded on the counter.

The BSE group 'A' stock of face value Rs 10 has touched a 52 week high of Rs 1224.00 on 03-Jan-2013 and a 52 week low of Rs 602.45 on 14-Jun-2012.

Last one week high and low of the scrip stood at Rs 1152.00 and Rs 1079.40 respectively. The current market cap of the company is Rs 12752.28 crore.

The promoters holding in the company stood at 52.27% while Institutions and Non-Institutions held 43.03% and 4.70% respectively.

Mahindra & Mahindra Financial Services has registered a rise of 29.44% in its net profit at Rs 200.23 crore in Q3FY13 as compared to Rs 154.69 crore in the corresponding quarter previous year. The total income of the company has also increased by 34.99% to Rs 1000.87 crore for the quarter under review as compared to Rs 741.41 crore in the same quarter last year.

On consolidated basis, the company has posted a rise of 35.71% in its net profit at Rs 216.20 crore in Q3FY13 as compared to Rs 159.31 crore in the corresponding quarter previous year. The total income of the company has also increased by 37.83% to Rs 1062.03 crore for the quarter under review as compared to Rs 770.53 crore in the same quarter last year. 


Top News Today
RBI governor hopes the economy to grow by 5.5% this year
(17-Oct-2014)

RBI governor hopes the economy to grow by 5.5% this yearReserve Bank of India (RBI) governor Raghuram Rajan has expressed hopes on the Indian growth story and has said that the country is seeing a pick-up in economic growth and more can be done to support it......click on news to read complete article.

Tata Steel, UltraTech and NTPC to see some action today
(16-Oct-2014)

Tata Steel, UltraTech and NTPC to see some action todayTata Steel has signed a memorandum of understanding with the Geneva-based Klesch group for the potential sale of its long products business in Europe and associated distribution activities. The division......click on news to read complete article.

September CPI eases to an all time low level of 6.46%
(14-Oct-2014)

September CPI eases to an all time low level of 6.46%In an extremely encouraging development, India's consumer price inflation eased at an all time low level since the launch of the new series of Consumer Price Index in 2012, at 6.46% in September as compared......click on news to read complete article.

International Stock News
US markets closed higher; Dow snaps 6-day losing streak
(18-Oct-2014)

US markets closed higher; Dow snaps 6-day losing streakThe US markets closed higher on Friday, with Dow snapping 6-day losing streak, as earnings beat estimates, consumer confidence reached a seven-year high and investors speculated that central banks will......click on news to read complete article.

US markets closed mostly higher; Dow ends in red
(17-Oct-2014)

US markets closed mostly higher; Dow ends in redThe US markets closed mostly higher on Thursday, recovering from early losses though Dow ended in red. The gains were induced with Bullard statement that the Federal Reserve should consider extending its......click on news to read complete article.

US markets closed lower on weak economic data
(16-Oct-2014)

US markets closed lower on weak economic dataThe US markets closed lower on Wednesday, on account of weak economic data, stocks however recovered from their lowest level of the day before the close. On the economy front, sales at US retailers fell......click on news to read complete article.

 

     
  
Recent Equity & Shares News
 
EquityInvestmentCompany ReportsIPO
Disclaimer
By clicking on this page you accept all the terms and conditions framed by us. News made available here are for informational purpose only. While utmost care has been taken in providing the same. We claim no responsibility for its accuracy. Readers of this blog who make their decision based on the information posted here are solely responsible for their actions.