Mahindra & Mahindra Financial Services Share Price Today on 13-11-2024: At 13 Nov 16:00 today, Mahindra & Mahindra Financial Services shares are trading at price ₹259, -2.39% down from the previous closing price. Sensex is trading at ₹77690.95, down by -1.25%. The stock has hit a high of ₹268.95 and a low of ₹256.95 during the day.
On the technical front, the stock is trading below the short term simple moving averages of 5, 10, 20 day as well as longer term moving averages of 50, 100 & 300 days.
The SMA values for the stock are given below :
Days | Simple Moving Average |
---|---|
5 | 275.29 |
10 | 274.62 |
20 | 277.73 |
50 | 302.93 |
100 | 302.04 |
300 | 289.87 |
The classic pivot level analysis shows that on a daily time frame, the stock has key resistances at ₹269.4, ₹274.4, & ₹277.15, whereas it has key support levels at ₹261.65, ₹258.9, & ₹253.9.
Overall, as per Mint technical analysis, The stock is currently experiencing a strong downtrend.
From a fundamental analysis perspective, the company has a ROE of 10.04% & ROA of 1.70% respectively.The current P/E of the stock is at 15.05 & P/B is at 1.63.
The median 1-year forecasted upside in this share is at 16.99% with a target price of ₹303.00.
The company has a 0.00% promoter holding, 3.71% MF holding, & 10.19% FII holding as per filings in the september quarter.
The MF holding has increased from 3.57% in june to 3.71% in the september quarter.
The FII holding has increased from 10.08% in june to 10.19% in the september quarter.
Mahindra & Mahindra Financial Services share price down -2.39% today to trade at ₹259 while its peers are mixed. Its peers such as L&T FINANCE, LIC Housing Finance, Cholamandalam Financial Holdings, Poonawalla Fincorp are falling today, but its peers are on the rise. Overall, benchmark indices Nifty & Sensex are down -1.36% & -1.25% each respectively.
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