Synopsis:
After Nippon India Mutual Fund purchased a 1.1% stake in MAS Financial Services through a bulk deal, the company reached a new 52-week high; investor confidence is still being supported by the company’s strong FY25 earnings and growing reach.
The stock listed below has reached 52 week high price movements today after large bulk deal transactions were completed on the stock exchanges on July 15. These variations show how the market and investors felt about the significant buying and selling that took place during that time.
With a market cap of Rs. 6159 Crores, MAS Financial Services Ltd stock is trading at Rs. 339, up by 7.63 percent from its previous close price of Rs. 315.55. The stock has reached a new 52 week high in today’s trading session.
As per the latest bulk deal on NSE, Nippon India Mutual Fund has bought 20 lakh shares of MAS Financial service ltd worth Rs. 61 crores at an average price of Rs.305 acquiring 1.1 percent stake in the company. On the contrary Business Excellence Trust III sold the same.
MAS Financial Services was founded in 1995 and registered as an NBFC with the RBI in 1998. Its primary objective is to provide customized financing solutions to lower- and middle-income populations in India’s cities, semi-urban areas, and rural areas. Microbusiness loans, SME loans, home loans, two-wheeler loans, used car loans, and commercial vehicle loans are among the retail financial products that the company provides.
With more than 14,500 service centers and 204 branches spread throughout important states like Gujarat, Maharashtra, Rajasthan, Madhya Pradesh, Tamil Nadu, Karnataka, and Delhi, MAS uses alliances with MFIs, NBFCs, HFCs, and franchisees to provide credit access to underserved markets and the bottom-of-the-pyramid (BOP) segment.
The company’s revenue for FY2024–2025 increased by 24.3 percent year over year from 1,284 crores to Rs. 1,596 crores, whereas net profit saw a sharp rise of 23.62 percent, from Rs. 254 crores to Rs. 314 crores.
At the moment, the company’s P/E ratio is 19.9x as compared to its industry P/E 26.3x, and its ROE and ROCE are 14.1 percent and 11.2 percent, respectively. The D/E ratio of the company stands at 3.51.
Written by Akshay Sanghavi
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