Mahindra Finance sets healthy pace in May, but risks remain
Mint Mumbai|June 06, 2023
Shares of Mahindra & Mahindra Financial Services Ltd (Mahindra Finance) have been scaling new highs frequently over the past few months.
Bavadharini KS
Mahindra Finance sets healthy pace in May, but risks remain

The stock hit a new 52-week high of 304 apiece on Monday. The company’s monthly operational update for May brings cheer with disbursements rising almost 40% year-on-year (y-o-y) and 10% sequentially to 4,150 crore. Healthy loan disbursal and stable collections have led to a 3.3% rise in assets under management over March to 85,500 crore.

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