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In terms of balance sheet, the company said it continued to enjoy a comfortable liquidity position, with a chest of over three months.Most stock quote data provided by BATS. In addition, Mahindra & Mahindra's financial arm said its collection efficiency (CE) came at 98 per cent for September 2022, against CE of 96 per cent recorded in the earlier month. Healthy disbursement trends during the first half have led to a strong gross asset book of approximately Rs 73,900 crore, it added. In an exchange filing, the company said the disbursement figure translated into a YoY growth of 82 per cent in Q2 FY23 (2022-23) and 106 per cent for first half in FY23.Īlso Read: RBI bars Mahindra Finance from carrying out recovery through third-party days after pregnant woman's death
Taking intraday high price into consideration, Mahindra Finance traded a little over 11 per cent lower from its 52-week high and around 58 per cent higher from its one-year low. That explains the surge in price, as does the decline as those investors. During the day, it touched an intraday high of Rs 201.85 on the BSE index. Basically, investors wanting to take out shares in Zoome Technologies have been accidentally purchasing shares of ZM stock. The company's stock zoomed 11.36 per cent to trade at Rs 199.95 in afternoon deals.
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