Corporate Update: Mahindra & Mahindra Financial Services
- Closing Price (23 Oct 2026, 09:03 CET): INR 277.1
- Daily Change: –3.31 % (24‑hour period)
- Trading Volume (last 24 hrs): INR 3.8 bn
- Total Shares Outstanding: 1.4 bn
- Market Capitalisation: INR 399.8 bn
- 52‑Week High: INR 415 (10 Aug 2026)
- 52‑Week Low: INR 268.25 (22 Oct 2026)
- 200‑Day Simple Moving Average: INR 338.52
- Month‑End Change (from 31 Sept 2026): –17.5 %
Financial Highlights
| Item | Value |
|---|
| Second‑quarter profit increase | Driven by higher fee income and lower credit costs |
| Net interest income | Moderate rise |
| Assets under Management | Expansion, mainly from vehicle financing, mortgage, and SME lending |
| Margin pressure | Concerns due to rising funding costs and potential rural cash‑flow headwinds |
| Analyst consensus | Buy ratings retained, target prices revised downward |
- Analysts cited interest‑rate sensitivity and insurance‑commission reforms as factors lowering the target prices.
- Management highlighted steady earnings momentum and disciplined execution as drivers for future upside.
- The share price decline to the 52‑week low reflects market concerns over margin compression.
| Stock | Ticker | Daily Change | Current Price | Market Capitalisation | P/E Ratio |
|---|
| Hdb Services | HDBFS.NS | –0.43 % | INR 502.6 | INR 423.5 bn | 18.65 |
| Balkrishna Industries | BALKRISIND.NS | +3.46 % | INR 2,103.2 | INR 436.6 bn | 31.03 |
| Cpseetf | CPSEETF.BO | –1.19 % | INR 84.95 | INR 418.9 bn | – |
| Sterlite | STLTECH.NS | –4.99 % | INR 760.85 | INR 411.6 bn | 696.39 |
| Supreme Industries | SUPREMEIN.NS | +1.45 % | INR 3,404.9 | INR 442.7 bn | 46.4 |
The figures above represent the most recent trading activity and market valuations as of the stated time.
