In the summer of 2023, an analyst was considering the valuation of Mahindra and Mahindra Financial Services Ltd. (Mahindra Finance) and tracking the performance of the non-banking financial company (NBFC) industry in India. Mahindra Finance’s stock had been volatile over the past five years, reaching a low share price of ?76.46 in May 2020 and a high of ?373.80 in February 2020. This share price volatility could be attributed to the average asset .....more