LIVE MARKET TRACKER :   BSE SENSEX   27112.21      |    NSE NIFTY 8114.75    
GLOBAL MARKETS :  NASDAQ 4574.908   +0.28%    |    FSI London 6810.45   +0.44%    |    NIKKEI Japan 16067.57   +1.13%
  USD GBP EUR CAD AUD INR
USD - 0.6107 0.7757 1.0964 1.1168 60.94
GBP 1.6375 - 1.2702 1.7954 1.8287 99.7886
EUR 1.2896 0.7876 - 1.414 1.4402 78.5882
CAD 0.9121 0.557 0.7075 - 1.0186 55.5829
AUD 0.8955 0.5469 0.6946 0.9819 - 54.5736
INR 0.0164 0.01 0.0127 0.018 0.0183 -
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
Four-member panel submits report on new gas pricing formula
(18-Sep-2014)

Four-member panel submits report on new gas pricing formulaA four-member panel of secretaries appointed by the government has submitted the much awaited report on a new gas pricing mechanism, which prescribes lower rate than the price approved by the previous......click on news to read complete article.

RIL, Sun Pharma and Apollo Tyres to see some action today
(18-Sep-2014)

RIL, Sun Pharma and Apollo Tyres to see some action todayIn a bid to grab the opportunity created by diesel reaching market-parity price, Reliance Industries (RIL) has set the ball rolling on reopening its fuel retail outlets, after a gap of six years, and the......click on news to read complete article.

Biocon, Lanco Infratech and Tata Steel to see some action today
(10-Sep-2014)

Biocon, Lanco Infratech and Tata Steel to see some action todayDrug maker Biocon has acquired GE Capital's entire 7.69 percent stake in its research services subsidiary Syngene International for Rs 215.38 crore. The company, which had sold the stake to GE on October......click on news to read complete article.

International Stock News
US markets closed up; Dow hits record high
(18-Sep-2014)

US markets closed up; Dow hits record highThe US markets closed higher on Wednesday, with the Dow Jones Industrial Average reaching a record high. The main benchmarks swung higher after the Fed meeting and Fed Chairwoman Janet Yellen's news conference,......click on news to read complete article.

US markets closed up; S&P posts biggest advance in 4 weeks
(17-Sep-2014)

US markets closed up; S&P posts biggest advance in 4 weeksThe US markets closed higher on Tuesday, sending the Dow Jones Industrial Average to an intraday record high, while the S&P 500 recorded its biggest one-day gain in 4 weeks. Investors also grew......click on news to read complete article.

US markets closed mostly lower; Nasdaq drops to 1-month low
(16-Sep-2014)

US markets closed mostly lower; Nasdaq drops to 1-month lowThe US markets closed mostly lower on Monday, sending the Nasdaq Composite Index near a one-month low, with losses led by technology and small-cap stocks, as investors continued to unload riskier position......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.