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Market Closed -
Other stock markets
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5-day change | 1st Jan Change | ||
| 258.6 INR | +0.35% |
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-8.65% | -6.52% |
| Apr. 23 | INDIA STOCKS-Indian shares rise as global risk sentiment improves | RE |
| Apr. 23 | India's M&M Financial discovers funds embezzlement at one branch, delays Q4 results | RE |
BENGALURU (Reuters) - India's Mahindra and Mahindra Financial Services rose as much as 10% on Thursday, a day after the vehicle financing arm of the Mahindra conglomerate beat estimates for its second-quarter profit.
Profit fell to 4.48 billion Indian rupees ($54.08 million) in the three months ended Sept. 30, from 10.23 billion rupees a year ago when the lender recorded a reversal of impairment provisions.
Analysts on average had expected the the company to post a profit of 3.9 billion rupees, according to Refinitiv IBES data.
($1 = 82.8400 Indian rupees)
(Reporting by Nishit Navin; Editing by Janane Venkatraman)
| 1st Jan change | Capi. | |
|---|---|---|
| -6.52% | 3.82B | |
| -8.14% | 54.11B | |
| -5.25% | 31.94B | |
| +63.88% | 29.16B | |
| +20.03% | 23.61B | |
| +16.97% | 18.17B | |
| -6.99% | 11.64B | |
| +21.92% | 11.25B | |
| -20.90% | 8.02B | |
| +14.34% | 7.98B |
MAHINDRA & MAHINDRA FINANCIAL SERVICES LIMITED 
