Technical and Sentimental analysis of M&MFIN share price on 22nd June 2021

M&MFIN share price analysis

M&MFIN forms Dark Cloud Cover candlestick pattern

The pattern appeared at the top of the uptrend. This indicates the stock likely to go down. Better book profit by selling some of your shares
Book Profit

RSI indicates Neutral zone

RSI(14) value is 43.13, which is between 20, 80 and indicates Neutral zone. just hold your shares
Neutral

Recent brokerage reports

Broker Date Price on reported date Recommendation Target price Current price Target %Change Current %Change Possible %Change
ICICI Securities Limited 2021/04/26 163.25 Sell 160 157.4 -1.99% -3.58% 1.65%
Nirmal Bang Institutional 2021/04/26 163.25 Accumulate 203 157.4 24.35% -3.58% 28.97%
Motilal Oswal 2021/04/25 163.25 Buy 215 157.4 31.7% -3.58% 36.59%
Prabhudas Lilladhar 2021/03/25 199.9 Hold 200 157.4 0.05% -21.26% 27.06%
Buy - 2 ...... Sell - 1 ..... Hold - 1 194.5 157.4 13.53% -8% 23.57%

Recent news

Date Description
2021-05-24 Vaishali Parekh is bullish on M&M Financial Services, IDFC First. Check why
2021-05-11 Mahindra & Mahindra Financial Services extends date of investment in Sri Lankan finance co by 6 months
2021-04-26 M&M Financial Services Q4 Review - Near Term Outlook Warrants Caution: ICICI Direct
2021-04-26 M&M Financial Services Q4 Review - On The Descent: Prabhudas Lilladher
2021-04-24 M&M Finance Q4 PAT declines 8% YoY to Rs 218 cr
2021-04-24 M&M Finance Q4 PAT declines 8% YoY to Rs 219 cr
2021-04-24 Mahindra & Mahindra Financial Services consolidated net profit declines 7.87% in the March 2021 quarter
2021-04-24 Results: Mahindra Finance net profit falls 8% to Rs 219 crore in March quarter
2021-04-23 Mahindra Finance Q4 net profit down 8%
2021-04-23 BRIEF-Mahindra And Mahindra Financial Services March-Quarter Consol Net Profit 2.16 Bln Rupees
2021-04-08 LIC increases stake in M&M Financial Services, acquires 12 lakh shares
2021-03-31 M&M Financial Services extends timeline for 58.20% stake acquisition of Ideal Finance till Sept 2021-end; Stock dives over 1%
2021-03-26 Trade Spotlight: What Should Investors Do With Muthoot Finance, M&M Financial Services, Edelweiss Financial Services
2021-03-22 Buy Mahindra And Mahindra Financial Services: Target Of Rs 260: Sharekhan
2021-03-18 M&M Financial Services - Unwavering Focus On Collections; Growth To Lag, Says ICICI Securities
2021-03-05 Board of Mahindra & Mahindra Financial Services appoints director
2021-03-05 M&M Financial Services appoints Amit Raje as Chief Operating Officer - Digital Finance Busines
2021-03-05 Mahindra & Mahindra Financial Services appoints directors

Summary

After analysing Technicals, Brokerage reports and News, we recommend
Hold

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