Mahindra & Mahindra Financial Services SHARE PRICE [LIVE]
Open: | |
High: | |
Low: |
MKT Cap: | |
52-wk High: | |
52-wk Low: |
Prev close: | |
P/E: | |
Div yield: |
Fundamental analysis
What is not working for the company?
What is working for the company?
Name | Dec 22 | Sep 22 |
---|---|---|
Promoters (Change:0.00) | 52.16% | 52.16% |
FIIs (Change:-0.84) | 16.09% | 16.93% |
Mutual Funds (Change:0.77) | 11.53% | 10.76% |
Insurance Companies (Change:-0.05) | 4.88% | 4.93% |
Other DIIs (Change:0.92) | 7.35% | 6.43% |
Non Institution (Change:-0.80) | 8% | 8.8% |
Similar Stocks
Return Calculator
This tools helps you project your potential return on investments for the given stock, for a specified amount over a per-defined period of time.
If I had made LUMPSUM investment of ₹ 1,00,000
in Mahindra & Mahindra Financial Services
Months ago
My investment would be worth ₹ 1,41,900 with a Gain of 41.90 %
M&MFIN News
Frequently Asked Questions
What is the Share price of MAHINDRA & MAHINDRA FINANCIAL SERVICES LTD. (M&MFIN)?
Can I buy MAHINDRA & MAHINDRA FINANCIAL SERVICES LTD. (M&MFIN) shares?
How do I buy MAHINDRA & MAHINDRA FINANCIAL SERVICES LTD. (M&MFIN) from Angel One?
- Direct investment: You can buy MAHINDRA & MAHINDRA FINANCIAL SERVICES LTD. (M&MFIN) shares by opening a Demat account with Angel One.
- Indirect investment: The indirect method involves investing through ETFs and Mutual Funds that offer exposure to MAHINDRA & MAHINDRA FINANCIAL SERVICES LTD. (M&MFIN) shares.
In which sector do MAHINDRA & MAHINDRA FINANCIAL SERVICES LTD. (M&MFIN) belong?
Is Mahindra & Mahindra Financial Services a Debt free Company?
No, Mahindra & Mahindra Financial Services is not a debt free company.
What is the main business of Mahindra & Mahindra Financial Services?
The main business of Mahindra & Mahindra Financial Services is to provide financial services, such as vehicle financing, SME financing, insurance broking, personal loans, housing finance, investments, and mutual funds. It is the only Indian NBFC listed on the Dow Jones Sustainability Index.
Who are the promoters of Mahindra & Mahindra Financial Services?
The sole promoter of Mahindra & Mahindra Financial Services is Mahindra And Mahindra Ltd with an 52.16% shareholding as of September 2022.
What are the Subsidiaries that comes under Mahindra & Mahindra Financial Services?
Some of the subsidiaries that come under Mahindra & Mahindra Financial Services include Mahindra Insurance Brokers Limited (MIBL), Mahindra Rural Housing Finance Limited (MRHFL), Mahindra Manulife Investment Management Private Limited (MMIMPL), Mahindra Manulife Trustee Private Limited (MMTPL), and Mahindra Ideal Finance Limited.
About M&MFIN
Today's live share price for Mahindra & Mahindra Financial Services is NSE: ₹ 226.35, BSE: ₹ 226.00 with a current market capitalization of .
Mahindra & Mahindra Financial Services Limited (M&M FSL), a subsidiary of Mahindra & Mahindra Limited was incorporated on 1st January 1991 as Maxi Motors Financial Services Limited. One of India`s leading non-banking finance companies, focused on the rural and semi-urban sector, the company provide finance for Utility Vehicles (UV), tractors and cars and have the largest network of branches (80% of the districts in India) covering these areas. The company`s product portfolio includes right from finance for two wheelers, tractors, farm equipment, cars and utility vehicles to commercial vehicles and construction equipment also have a group of experts providing investment advice, surveying available market products and choosing the most suitable to customers` needs. M&M FSL had received certificate of commencement of business on 19th February of the year 1991. The company`s name was changed from Maxi Motors Financial Services Limited to Mahindra & Mahindra Financial Services Limited on November 3, 1992. During the year 1993, the company had commenced financing of M&M Utility Vehicles as part of its work. M&M FSL had opened its first branch outside Mumbai, at Jaipur in the year 1995. Financing to M&M dealers for purchase of tractors was added to the company`s activities in the year 1996. M&M FSL had registered with the Reserve Bank of India (RBI) as a Non Banking Finance Company (NBFC) with effect from 4th September of the year 1998. Also in the same year of 1998, the company had launched pilot project for retail tractor financing. After a year, in 1999, M&M FSL had started tractor retail financing in rural and semi-urban areas. During the year 2002, apart from its parent company vehicles, the company started to financing of non-M&M vehicles and also in the same year, received Tier II debt from International Finance Corporation. In November of the year 2003, in recognition of its global competitiveness in terms of cost and quality, M&M received the Deming Prize awarded by the Japanese Union of Scientists & Engineers. M&M is the first tractor manufacturer in the world to receive this prize. M&M FSL had received a long-term credit rating of AA+/Stable in the year 2004 and had opened a branch in Port Blair during the same year of 2004. During the year 2005, the company made tie up with Hindustan Petroleum Corporation Limited (HPCL) and formed Mahindra Insurance Brokers Ltd (MIBL) as a wholly owned subsidiary to undertake the insurance and related activities. The company had issued Initial Public Offerings (IPO) in the year of 2006. Also in the same year, M&M FSL made a tie up with Maruti to provide finance to all of the latter`s products, launched its marketing campaign and reached a new benchmark with 400 branches. M&M FSL won the "Pioneer Award" in the individual category of the Enterprise Connect Award 2007, instituted by Cybermedia India Online Ltd (CIOL) and Dataquest. As part of diversification, the company had forayed into the business of rural housing finance with the incorporation of Mahindra Rural Housing Finance Limited (MRHFL) on 9th April 2007, as the second wholly owned subsidiary. M&M FSL had honored with the Amity HR Excellence Award for Retention by the Amity Business School, Noida in August of the year 2008. In 2010, the company added More than 2 lakh new customer contracts in a financial year for the first time. and the companies branch network also crossed 550 branches. In 2011, the company came out with a QIP Issue. The company also entered into a Joint Venture with with Rabobank subsidiary for tractor financing in USA. In 2012, the company won the inaugural porter prize in the catagory of Creating Distinctive Value and also first runners up at CNBC TV18 Best Bank & Financial Institution awards. In 2013, the company & Mahindra Finance sign MOU for Joint Venture. During 2015, the company wins the Golden Peacock National Training Award.
Read more