Buy Mahindra & Mahindra Financial Services, target Rs 443.20: ICICI Direct
Buy Mahindra & Mahindra Financial Services at a price target of Rs 443.20 and a stoploss at Rs 430.40 from entry point.
By ETMarkets.com |
ICICI Direct has a buy call on Mahindra & Mahindra Financial Services with a target price of Rs 443.20.
The current market price of Mahindra & Mahindra Financial Services is Rs 435.50.
Time period given by the analyst is intraday when Mahindra & Mahindra Financial Services price can reach defined target.
ICICI Direct recommended to keep a stop loss at Rs 430.40.
Mahindra & Mahindra Financial Services, incorporated in the year 1991, is a Large Cap company (having a market cap of Rs 24539.36 Crore) operating in Finance sector.
Mahindra & Mahindra Financial Services key Products/Revenue Segments include Interest which contributed Rs 5769.28 Crore to Sales Value (93.44 per cent of Total Sales), Income From Financial Services which contributed Rs 362.68 Crore to Sales Value (5.87 per cent of Total Sales), Income On Bill Discounting which contributed Rs 41.79 Crore to Sales Value (0.67 per cent of Total Sales) and Income From Hire Purchase which contributed Rs .15 Crore to Sales Value (0.00 per cent of Total Sales)for the year ending 31-Mar-2017.
The company’s top management includes Dr.Anish Shah, Mr.C B Bhave, Mr.Dhananjay Mungale, Mr.M G Bhide, Mr.Piyush Mankad, Mr.Ramesh Iyer, Mr.V Ravi, Mr.V S Parthasarathy, Ms.Rama Bijapurkar.
Company has BSR & Co. LLP as its auditors.
As on 30-09-2017, the company has a total of 568,764,960 shares outstanding.
The current market price of Mahindra & Mahindra Financial Services is Rs 435.50.
Time period given by the analyst is intraday when Mahindra & Mahindra Financial Services price can reach defined target.
ICICI Direct recommended to keep a stop loss at Rs 430.40.
Mahindra & Mahindra Financial Services, incorporated in the year 1991, is a Large Cap company (having a market cap of Rs 24539.36 Crore) operating in Finance sector.
Mahindra & Mahindra Financial Services key Products/Revenue Segments include Interest which contributed Rs 5769.28 Crore to Sales Value (93.44 per cent of Total Sales), Income From Financial Services which contributed Rs 362.68 Crore to Sales Value (5.87 per cent of Total Sales), Income On Bill Discounting which contributed Rs 41.79 Crore to Sales Value (0.67 per cent of Total Sales) and Income From Hire Purchase which contributed Rs .15 Crore to Sales Value (0.00 per cent of Total Sales)for the year ending 31-Mar-2017.
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The company’s top management includes Dr.Anish Shah, Mr.C B Bhave, Mr.Dhananjay Mungale, Mr.M G Bhide, Mr.Piyush Mankad, Mr.Ramesh Iyer, Mr.V Ravi, Mr.V S Parthasarathy, Ms.Rama Bijapurkar.
Company has BSR & Co. LLP as its auditors.
As on 30-09-2017, the company has a total of 568,764,960 shares outstanding.
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