The Group has posted a net profit after taxes and minority interest of Rs. 4113.267 mn for the Quarter ended March 31, 2016 as compared to Rs. 3672.551 mn for the Quarter ended March 31, 2015.
M&M Financial Services Ltd stock was higher by 5% at Rs.289 after the company posted Q4 results.The Group has posted a net profit after taxes and minority interest of Rs. 4113.267 mn for the Quarter ended March 31, 2016 as compared to Rs. 3672.551 mn for the Quarter ended March 31, 2015.
Total Income has increased from Rs. 16801.017 mn for the Quarter ended March 31, 2015 to Rs. 19048.755 mn for the Quarter ended March 31, 2016.
The scrip opened at Rs. 289.5 and has touched a high and low of Rs. 293.65 and Rs. 282.25 respectively. So far 1867312(NSE+BSE) shares were traded on the counter. The current market cap of the company is Rs. 15671.91 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. 173.4 on 12-Feb-2016. Last one week high and low of the scrip stood at Rs. 281.15 and Rs. 261.65 respectively.
The promoters holding in the company stood at 51.93 % while Institutions and Non-Institutions held 43.22 % and 4.85 % respectively.
The stock is currently trading above its 200 DMA.
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