Thursday 21 January 2016

M&M Financial Q3 net profit at Rs. 67.2 crore

The total income for the quarter was at Rs.1,400 crore as against Rs.1,386 Cr (YoY).


M&M Financial Ltd posted results for the third quarter ended 31st December, 2015.

The net profit for the quarter stands at Rs. 67.2 crore.

The total income for the quarter was at Rs.1,400 crore as against Rs.1,386 Cr (YoY).

The standalone NII was at Rs.730.7 crore.

The scrip opened at Rs. 218.75 and has touched a high and low of Rs. 221.5 and Rs. 210.4 respectively. So far 2759623(NSE+BSE) shares were traded on the counter. The current market cap of the company is Rs. 12512.5 crore.

The BSE group 'A' stock of face value Rs. 2 has touched a 52 week high of Rs. 294 on 07-Jul-2015 and a 52 week low of Rs. 214.7 on 20-Jan-2016. Last one week high and low of the scrip stood at Rs. 235.5 and Rs. 214.7 respectively.

The promoters holding in the company stood at 52 % while Institutions and Non-Institutions held 43.46 % and 4.54 % respectively.

The stock is currently trading above its 200 DMA.

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