Mahindra & Mahindra Financial Services Ltd., incorporated in the year 1991, is a Large Cap company (having a market cap of Rs 32105.24 Crore) operating in NBFC sector.
When the stock prices move up and open interest on the counter also moves upward, it is taken as a sign of a long buildup. The signal is considered more reliable if the volume on the counter has also seen an increase.
Mahindra & Mahindra Financial Services Ltd., incorporated in the year 1991, is a Large Cap company (having a market cap of Rs 34539.24 Crore) operating in NBFC sector.
Ramesh Iyer, MD & VC of M&M Financial, discusses the growth of the loan book and the slower growth in the tractor segment. He expects the rural market to continue performing well and predicts that pre-owned vehicles will see faster growth. Iyer also shares the company s plans to enter the insurance sector through partnerships. He acknowledges the rise in borrowing costs and the need to improve NIMs. The asset quality remains under control, and the company is confident in achieving its growth targets.