Sensex 27711.17 252.53 0.92%
Nifty 8407.1 65.7 0.79%
Meanwhile, the BSE Sensex was down 17.25 points or 0.09% at 19,400.21.
On BSE, 6.16 lakh shares were traded in the counter as against average daily volume of 42,590 shares in the past one quarter.
The stock hit a high of Rs 1,172.55 so far during the day, which is a record high for the counter. The stock hit a low of Rs 1,119.90 so far during the day. The stock had hit a 52-week low of Rs 590.10 on 28 December 2011.
The stock had outperformed the market over the past one month till 26 December 2012, surging 13.98% compared with the Sensex's 4.75% rise. The scrip had also outperformed the market in past one quarter, jumping 26.4% as against Sensex's 4.21% gain.
The large-cap company has equity capital of Rs 113.75 crore. Face value per share is Rs 10.
MMFSL's board of directors at a meeting held on 21 December 2012 approved a 5-for-1 stock split.
MMFSL's consolidated net profit jumped 41.1% to Rs 192.51 crore on 46.2% growth in total income to Rs 975.62 crore in Q2 September 2012 over Q2 September 2011.
MMFSL is one of India's leading non-banking finance companies (NBFC) with a pan India presence. Focused on the rural and semi-urban sector, it provides finance for purchases of utility vehicles, tractors and cars. MMFSL is part of the Mahindra Group.
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India Infoline Research Team / 15:28, Mar 13, 2015
Markets are now reinforcing the perception of an early interest rate hike by US Federal Reserve, with consensus calling for the hike taking place in June, when compared with the prior expectations of a hike in September.