Nifty
Sensex
:
:
11662.60
39131.04
74.25 (0.64%)
234.33 (0.60%)

Automobiles - Passenger Cars

Rating :
50/99  (View)

BSE: 500520 | NSE: M&M

622.90
-8.95 (-1.42%)
16-Jul-2019 | 3:54PM
  • Day's Open
  • Day's High
  • Day's Low
  • Previous Close
  •  624.70
  •  627.90
  •  618.85
  •  631.85
  • Volume
  • Traded Value (lacs)
  • 52 Week High
  • 52 Week Low
  •  3177195
  •  19790.75
  •  993.00
  •  597.20

Stock Summary

  • Market Cap(Crs)
  • Stock P:E
  • Face Value
  • 78,527.32
  • 16.37
  • 5
  • Enterprise Value(Crs)
  • Dividend Yield
  • Price:Book Value
  • 140,640.71
  • 1.35%
  • 2.31

Shareholding Pattern

  • Promoter
  • Corporate
  • Public
  • 21.51%
  • 6.80%
  • 9.65%
  • FII
  • DII
  • Others
  • 0.26%
  • 23.33%
  • 38.45%

Chart

Price | P:E | P:BV | EV:EBITDA

Revenue CAGR (%)

  • 10 Years
  • 5 Years
  • 3 Years
  • 11.17
  • 6.88
  • 6.77

EBITDA CAGR (%)

  • 10 Years
  • 5 Years
  • 3 Years
  • 8.43
  • 9.77
  • 8.02

PAT CAGR (%)

  • 10 Years
  • 5 Years
  • 3 Years
  • 8.67
  • 7.63
  • 9.60

P:E (Median)

  • 8 Years
  • 5 Years
  • 3 Years
  • 20.56
  • 22.53
  • 21.99

P:BV (Average)

  • 8 Years
  • 5 Years
  • 3 Years
  • 3.59
  • 3.51
  • 3.22

EV:EBITDA (Average)

  • 8 Years
  • 5 Years
  • 3 Years
  • 13.09
  • 14.26
  • 13.46

Quarterly Results

Standalone Figures in Rs. Crores /

Consolidated
Description
Mar 19
Mar 18
Var%
Dec 18
Dec 17
Var%
Sep 18
Sep 17
Var%
Jun 18
Jun 17
Var%
Net Sales
0.00
0.00
0.00
0.00
0.00
0.00
0.00
0.00
0.00
13,357.66
0.00
0.00
Expenses
0.00
0.00
0.00
0.00
0.00
0.00
0.00
0.00
0.00
11,247.61
0.00
0.00
EBITDA
0.00
0.00
0.00
0.00
0.00
0.00
0.00
0.00
0.00
2,110.05
0.00
0.00
EBIDTM
0.00%
0.00%
0.00%
0.00%
0.00%
0.00%
15.80%
0.00%
Other Income
0.00
0.00
0.00
0.00
0.00
0.00
0.00
0.00
0.00
192.96
0.00
0.00
Interest
0.00
0.00
0.00
0.00
0.00
0.00
0.00
0.00
0.00
43.09
0.00
0.00
Depreciation
0.00
0.00
0.00
0.00
0.00
0.00
0.00
0.00
0.00
429.47
0.00
0.00
PBT
0.00
0.00
0.00
0.00
0.00
0.00
0.00
0.00
0.00
1,854.97
0.00
0.00
Tax
0.00
0.00
0.00
0.00
0.00
0.00
0.00
0.00
0.00
597.75
0.00
0.00
PAT
0.00
0.00
0.00
0.00
0.00
0.00
0.00
0.00
0.00
1,257.22
0.00
0.00
PATM
0.00%
0.00%
0.00%
0.00%
0.00%
0.00%
9.41%
0.00%
EPS
0.00
0.00
0.00
0.00
0.00
0.00
0.00
0.00
0.00
10.56
0.00
0.00

Annual Results

Consolidated Figures in Rs. Crores /

Standalone
Description
TTM
Mar 19
Mar 18
Mar 17
Mar 16
Mar 15
Mar 14
Mar 13
Mar 12
Mar 11
Mar 10
Net Sales
-
104,720.68
92,093.95
83,773.05
75,841.42
71,448.00
74,000.93
68,693.49
59,398.94
36,863.78
31,568.54
Net Sales Growth
-
13.71%
9.93%
10.46%
6.15%
-3.45%
7.73%
15.65%
61.13%
16.77%
 
Cost Of Goods Sold
-
60,351.62
53,540.62
50,641.37
45,125.84
42,860.72
44,572.44
41,756.92
35,473.19
19,997.84
15,267.91
Gross Profit
-
44,369.06
38,553.33
33,131.68
30,715.58
28,587.28
29,428.49
26,936.57
23,925.75
16,865.94
16,300.63
GP Margin
-
42.37%
41.86%
39.55%
40.50%
40.01%
39.77%
39.21%
40.28%
45.75%
51.64%
Total Expenditure
-
89,514.17
78,867.85
73,038.22
65,758.98
62,682.01
63,880.77
59,579.54
52,048.23
30,805.27
26,052.28
Power & Fuel Cost
-
817.11
733.90
657.06
639.97
786.96
923.38
936.88
865.82
601.80
510.77
% Of Sales
-
0.78%
0.80%
0.78%
0.84%
1.10%
1.25%
1.36%
1.46%
1.63%
1.62%
Employee Cost
-
11,563.89
10,004.62
8,910.63
7,689.40
7,202.49
6,885.94
6,819.07
6,590.87
4,222.27
4,576.00
% Of Sales
-
11.04%
10.86%
10.64%
10.14%
10.08%
9.31%
9.93%
11.10%
11.45%
14.50%
Manufacturing Exp.
-
2,017.07
1,299.70
997.27
1,514.80
2,268.61
2,346.41
2,113.63
1,871.48
1,249.86
1,525.65
% Of Sales
-
1.93%
1.41%
1.19%
2.00%
3.18%
3.17%
3.08%
3.15%
3.39%
4.83%
General & Admin Exp.
-
2,477.93
2,198.18
1,973.62
1,696.72
981.98
987.67
852.51
834.39
545.78
838.32
% Of Sales
-
2.37%
2.39%
2.36%
2.24%
1.37%
1.33%
1.24%
1.40%
1.48%
2.66%
Selling & Distn. Exp.
-
8,080.98
6,190.17
5,010.71
4,694.55
5,013.16
5,015.80
4,166.23
3,576.61
2,276.09
1,839.92
% Of Sales
-
7.72%
6.72%
5.98%
6.19%
7.02%
6.78%
6.06%
6.02%
6.17%
5.83%
Miscellaneous Exp.
-
4,205.57
4,900.66
4,847.56
4,397.70
3,568.09
3,149.13
2,934.30
2,835.87
1,911.63
1,839.92
% Of Sales
-
4.02%
5.32%
5.79%
5.80%
4.99%
4.26%
4.27%
4.77%
5.19%
4.73%
EBITDA
-
15,206.51
13,226.10
10,734.83
10,082.44
8,765.99
10,120.16
9,113.95
7,350.71
6,058.51
5,516.26
EBITDA Margin
-
14.52%
14.36%
12.81%
13.29%
12.27%
13.68%
13.27%
12.38%
16.43%
17.47%
Other Income
-
1,085.61
631.03
730.10
521.05
552.33
505.09
390.78
373.29
360.16
260.42
Interest
-
5,021.35
3,987.09
3,648.46
3,367.59
3,156.69
2,953.93
2,297.00
1,799.57
1,135.43
1,120.57
Depreciation
-
3,990.77
3,279.90
2,812.72
2,441.65
2,123.83
2,169.57
2,079.86
1,801.67
972.40
873.52
PBT
-
7,280.00
6,590.14
5,003.75
4,794.25
4,037.80
5,501.75
5,127.87
4,122.76
4,310.84
3,782.59
Tax
-
2,853.99
2,367.73
2,299.73
2,117.53
1,720.02
1,496.22
1,934.63
1,407.56
1,317.08
1,161.33
Tax Rate
-
38.03%
25.69%
42.19%
43.88%
39.88%
25.71%
34.67%
33.65%
29.17%
28.80%
PAT
-
3,948.94
6,403.13
2,798.64
2,302.40
2,348.77
3,836.51
3,615.79
2,842.70
3,102.76
2,458.93
PAT before Minority Interest
-
4,650.33
6,850.53
3,151.13
2,708.47
2,592.68
4,323.38
3,645.74
2,775.96
3,197.79
2,871.49
Minority Interest
-
-701.39
-447.40
-352.49
-406.07
-243.91
-486.87
-29.95
66.74
-95.03
-412.56
PAT Margin
-
3.77%
6.95%
3.34%
3.04%
3.29%
5.18%
5.26%
4.79%
8.42%
7.79%
PAT Growth
-
-38.33%
128.79%
21.55%
-1.97%
-38.78%
6.10%
27.20%
-8.38%
26.18%
 
Unadjusted EPS
-
48.91
69.20
34.16
56.77
53.12
79.06
69.51
53.18
53.46
45.08

Results Balance Sheet

Consolidated Figures in Rs. Crores /

Standalone
Description
Mar 19
Mar 18
Mar 17
Mar 16
Mar 15
Mar 14
Mar 13
Mar 12
Mar 11
Mar 10
Shareholder's Funds
39,983.41
36,775.19
29,737.99
26,492.65
25,856.38
23,306.86
19,960.70
16,703.81
14,284.08
10,155.88
Share Capital
543.96
543.13
270.89
270.40
295.70
295.16
295.16
294.52
293.62
282.95
Total Reserves
39,205.53
36,002.73
29,250.27
26,084.75
25,454.09
22,873.00
19,534.08
16,298.59
13,956.49
9,864.92
Non-Current Liabilities
54,801.35
42,194.11
37,908.12
30,795.43
28,894.80
31,290.27
24,770.43
20,345.08
15,474.37
14,679.31
Secured Loans
32,991.47
26,441.28
22,246.00
17,845.54
14,418.48
16,948.51
14,126.12
11,606.94
8,932.13
8,972.45
Unsecured Loans
10,534.70
7,367.90
7,878.51
5,753.24
7,908.55
8,543.24
5,734.14
4,432.92
3,120.24
5,658.65
Long Term Provisions
4,100.64
3,785.68
3,507.04
3,289.61
3,239.95
2,590.12
2,251.63
2,259.37
1,864.29
0.00
Current Liabilities
58,743.33
49,149.54
39,832.47
36,643.54
33,732.80
27,558.36
26,103.33
21,873.56
16,241.48
8,317.19
Trade Payables
20,992.17
18,287.34
14,796.87
13,376.49
11,421.27
11,799.84
11,910.63
10,043.48
6,921.72
5,258.20
Other Current Liabilities
25,320.03
17,737.29
13,355.70
14,758.58
12,771.87
10,479.33
8,789.46
7,019.10
5,824.54
1,166.32
Short Term Borrowings
10,541.01
11,325.54
10,121.65
7,077.12
7,177.44
2,780.65
3,368.48
2,894.86
2,061.94
0.00
Short Term Provisions
1,890.12
1,799.37
1,558.25
1,431.35
2,362.22
2,498.54
2,034.76
1,916.12
1,433.28
1,892.67
Total Liabilities
161,888.66
136,369.31
113,835.48
99,851.82
94,376.21
87,888.59
76,131.43
63,447.61
50,336.57
35,614.73
Net Block
28,982.74
26,181.90
20,989.01
20,584.71
19,046.74
18,380.96
18,307.34
17,198.27
14,707.85
8,552.64
Gross Block
62,211.37
56,339.26
47,128.47
44,722.83
41,563.17
39,007.56
38,297.30
35,018.31
29,972.63
14,204.00
Accumulated Depreciation
33,227.94
30,157.36
26,139.46
21,480.95
19,942.87
18,073.95
17,726.77
15,720.19
13,101.52
5,333.76
Non Current Assets
92,482.62
77,293.29
65,047.72
55,940.62
54,626.10
48,294.16
41,934.99
34,506.67
29,151.14
13,644.98
Capital Work in Progress
4,759.84
4,269.47
4,278.94
2,371.35
3,032.14
2,191.05
1,631.20
1,488.29
1,408.28
1,967.69
Non Current Investment
12,160.88
10,667.54
9,961.77
8,286.49
7,898.99
5,852.37
4,626.20
3,426.64
3,167.56
3,124.65
Long Term Loans & Adv.
44,569.42
35,087.84
28,914.77
24,587.99
24,510.82
21,748.83
17,302.22
12,298.18
9,657.63
0.00
Other Non Current Assets
2,009.74
1,086.54
903.23
110.08
137.41
120.95
68.03
95.29
209.82
0.00
Current Assets
69,406.04
59,076.02
48,787.76
43,911.20
39,750.11
39,594.43
34,196.44
28,940.94
21,185.43
21,969.75
Current Investments
6,107.22
5,350.07
4,700.67
3,316.09
2,128.15
2,229.98
1,814.21
1,920.57
1,546.41
1,648.97
Inventories
12,200.16
9,335.57
8,886.01
9,116.12
8,453.39
8,353.54
8,416.90
7,157.67
5,449.15
3,548.99
Sundry Debtors
9,290.51
8,489.82
7,199.26
5,817.60
5,476.16
5,725.42
5,176.97
5,345.06
4,210.14
3,207.17
Cash & Bank
8,734.91
6,547.60
4,654.03
4,527.55
4,911.83
6,522.79
4,936.54
3,484.72
2,220.57
2,737.12
Other Current Assets
33,073.24
2,562.26
2,226.85
1,102.79
18,780.58
16,762.70
13,851.82
11,032.92
7,759.16
10,827.50
Short Term Loans & Adv.
30,920.74
26,790.70
21,120.94
20,031.05
17,811.80
15,842.14
13,006.56
9,977.34
6,985.26
10,727.75
Net Current Assets
10,662.71
9,926.48
8,955.29
7,267.66
6,017.31
12,036.07
8,093.11
7,067.38
4,943.95
13,652.56
Total Assets
161,888.66
136,369.31
113,835.48
99,851.82
94,376.21
87,888.59
76,131.43
63,447.61
50,336.57
35,614.73

Cash Flow

Consolidated Figures in Rs. Crores /

Standalone
Description
Mar 19
Mar 18
Mar 17
Mar 16
Mar 15
Mar 14
Mar 13
Mar 12
Mar 11
Mar 10
Cash From Operating Activity
-4,347.29
681.86
183.09
970.69
1,054.86
-243.74
-921.67
61.31
-577.01
2,769.18
PBT
7,280.00
6,590.14
5,003.75
4,233.81
4,037.80
5,501.75
5,127.87
4,122.76
4,310.84
3,782.59
Adjustment
3,832.34
3,568.89
2,907.70
3,018.13
2,415.74
2,584.65
2,535.58
2,422.21
1,216.91
1,300.03
Changes in Working Capital
-12,522.23
-6,813.30
-5,723.55
-4,237.58
-3,697.56
-7,055.42
-6,803.94
-4,858.54
-4,747.00
-1,149.77
Cash after chg. in Working capital
-1,409.89
3,345.73
2,187.90
3,014.36
2,755.98
1,030.98
859.51
1,686.43
780.75
3,932.85
Interest Paid
0.00
0.00
0.00
0.00
0.00
0.00
0.00
0.00
0.00
0.00
Tax Paid
-2,937.40
-2,663.87
-2,004.81
-2,043.67
-1,701.12
-1,274.72
-1,781.18
-1,625.12
-1,357.76
-1,163.67
Other Direct Exp. Paid
0.00
0.00
0.00
0.00
0.00
0.00
0.00
0.00
0.00
0.00
Extra & Other Items
0.00
0.00
0.00
0.00
0.00
0.00
0.00
0.00
0.00
0.00
Cash From Investing Activity
-7,168.17
-5,467.93
-5,875.38
-5,238.37
-4,164.87
-4,489.73
-2,787.61
-2,993.07
-1,746.62
-4,696.39
Net Fixed Assets
-2,931.41
-2,489.03
-2,156.93
-1,443.47
-1,892.71
-2,155.30
-1,209.06
-1,915.20
-504.51
-699.87
Net Investments
-1,433.06
-2,674.57
-4,361.00
-409.24
-1,758.31
453.61
-1,536.11
-1,371.72
-2,527.61
-611.61
Others
-2,803.70
-304.33
642.55
-3,385.66
-513.85
-2,788.04
-42.44
293.85
1,285.50
-3,384.91
Cash from Financing Activity
13,193.63
6,314.50
6,107.97
3,971.46
1,669.38
5,577.38
4,508.29
4,255.61
1,437.05
1,842.99
Net Cash Inflow / Outflow
1,678.17
1,528.43
415.68
-296.22
-1,440.63
843.91
799.01
1,323.85
-886.58
-84.22
Opening Cash & Equivalents
4,466.63
2,937.49
2,521.72
2,999.67
4,632.88
3,822.84
3,138.88
1,790.03
2,747.36
2,953.07
Closing Cash & Equivalent
6,139.00
4,466.63
2,937.49
2,792.02
2,999.67
4,632.88
3,822.84
3,138.88
2,219.18
2,747.36

Financial Ratios

Consolidated /

Standalone
Description
Mar 19
Mar 18
Mar 17
Mar 16
Mar 15
Mar 14
Mar 13
Mar 12
Mar 11
Mar 10
Book Value (Rs.)
365.37
336.44
272.45
243.67
217.59
196.12
167.83
140.73
121.24
89.56
ROA
3.12%
5.48%
2.95%
2.79%
2.84%
5.27%
5.22%
4.88%
7.44%
8.60%
ROE
12.19%
20.74%
11.28%
10.40%
10.61%
20.12%
20.03%
18.02%
26.24%
33.45%
ROCE
12.31%
15.43%
12.42%
12.43%
12.22%
16.38%
17.81%
16.82%
20.15%
23.09%
Fixed Asset Turnover
1.77
1.80
1.94
1.87
1.86
2.02
2.02
1.94
1.79
2.47
Receivable days
30.99
30.70
26.70
25.62
27.26
25.43
25.96
27.67
34.23
36.20
Inventory Days
37.53
35.66
36.92
39.85
40.90
39.12
38.42
36.51
41.52
36.97
Payable days
63.40
62.62
58.87
57.38
53.94
53.07
54.61
52.09
69.86
74.01
Cash Conversion Cycle
5.12
3.73
4.74
8.09
14.22
11.48
9.78
12.09
5.89
-0.84
Total Debt/Equity
1.78
1.53
1.65
1.58
1.47
1.52
1.45
1.39
1.20
1.44
Interest Cover
2.49
3.31
2.49
2.43
2.37
2.97
3.43
3.32
4.98
4.60

News Update


  • Mahindra Lifespace Developers’ JV inaugurates 'Digital Literacy Centre'
    16th Jul 2019, 14:39 PM

    Laliya-Ka-Bas is home to about 600 inhabitants

    Read More
  • M&M introduces Apple CarPlay to its XUV500 SUV
    12th Jul 2019, 10:26 AM

    Apple CarPlay will be available on the top-end W11 variant of the XUV500

    Read More
  • M&M rolls out 1 millionth vehicle from each of its 3 manufacturing plants
    10th Jul 2019, 12:56 PM

    With this, the Automotive manufacturing facilities in these three locations joined the 1 million club along with the company’s Nashik and Kandivali plants

    Read More
  • M&M celebrates four successful years of mini truck ‘Jeeto Load’
    10th Jul 2019, 10:25 AM

    Mahindra has rolled out over 100,000 units of the Jeeto Load

    Read More
  • M&M’s FES registers 19% fall in domestic sales in June
    3rd Jul 2019, 11:26 AM

    Exports for the month stood at 1,215 units

    Read More
  • M&M launches innovative new AMT version of XUV300
    2nd Jul 2019, 15:23 PM

    This new variant of the XUV300 will be available in 3 colours, Pearl White, Aquamarine and Red Rage

    Read More
  • M&M’s Auto Sector registers 6% fall in June sales
    1st Jul 2019, 14:20 PM

    In the Commercial Vehicles segment, the company sold 16,394 vehicles in June 2019, as against 19,229 vehicles in June 2018

    Read More
  • M&M spends worth Rs 60 crore in digital marketing at passenger vehicle showrooms
    29th Jun 2019, 10:25 AM

    The company has set up over 300 such centers, including 100 showroom within showroom

    Read More
  • M&M to introduce Super XUV300 in Rally Championship
    27th Jun 2019, 10:10 AM

    The Super XUV300 is developed set the trails ablaze, during rallies, with its petrol and diesel-powered engines

    Read More
  • M&M’s arm ceases to be subsidiary of the company
    27th Jun 2019, 09:19 AM

    MIUL, a wholly owned subsidiary of MOICML had filed for voluntary liquidation

    Read More
  • M&M to hike prices of personal range of vehicles
    19th Jun 2019, 11:31 AM

    This price increase is due to the implementation of AIS 145 Safety Norms across all passenger vehicles in India

    Read More
  • M&M aims 10-12% growth in Bolero range pickups in FY20
    19th Jun 2019, 10:04 AM

    The company has sold 1.62 lakh Bolero Pickup range vehicles in FY19, compared to 1.49 lakh in FY18

    Read More
  • M&M launches ‘Thar 700’
    18th Jun 2019, 11:32 AM

    It comes packed with unique and differentiated features and will be competitively priced at Rs 9.99 lakh, ex-showroom Delhi

    Read More
  • M&M’s FES invests $4.3 million in Gamaya
    15th Jun 2019, 09:41 AM

    Through this investment, Mahindra will make superior farming solutions easily accessible to the global farming community

    Read More
  • Mahindra launches asset optimization solution for global renewables industry 'TEQO'
    14th Jun 2019, 14:31 PM

    The name TEQO is derived from three words, Technology, Quality and Operations

    Read More
  • Mahindra wins Gold Award in South Africa
    10th Jun 2019, 10:33 AM

    Mahindra received the award on June 7 from the country's NADA which tests dealers' satisfaction with the way a brand supports and communicates with them

    Read More
  • M&M to observe no production days at its plants
    10th Jun 2019, 09:20 AM

    The company will be observing ‘No Production Days’ ranging between 5 - 13 days

    Read More
  • M&M’s arm in talks with global players to supply EV powertrains
    7th Jun 2019, 14:55 PM

    The company will start supplies of such electric vehicle parts to group firm Ssangyong Motor, by early 2021

    Read More
  • M&M, Blu Smart to drive electric mobility revolution in India
    6th Jun 2019, 11:31 AM

    Blu Smart will add 500 Mahindra eVeritos into its all-electric ride sharing fleet by April 2020

    Read More
  • Mahindra launches ‘Celebrate Differently’ campaign
    4th Jun 2019, 14:25 PM

    This is a digital-first campaign, designed to evoke a sense of consciousness towards the growing climate change crisis

    Read More
  • CDPQ buys 2.20 crore shares in M&M
    4th Jun 2019, 11:04 AM

    M M Benefit Trust has offloaded 1.92 crore shares in the company at Rs 648 per share

    Read More
  • M&M to launch BS-VI compliant vehicles in next year
    4th Jun 2019, 09:58 AM

    The company has invested Rs 1,000 crore for transition to BS VI norms

    Read More
  • M&M’s arm, Mitsui to co-invest in distributed solar power projects in India
    4th Jun 2019, 09:07 AM

    Mahindra Susten will continue to hold 51% stake in Marvel Solren, with Mitsui holding the balance equity

    Read More
  • M&M’s FES registers 17% fall in domestic sales in May
    3rd Jun 2019, 11:53 AM

    Exports for May month stood at 1,165 units

    Read More
  • M&M’s Promoter sells 1.54% stake in the company
    3rd Jun 2019, 09:58 AM

    The sale has been executed on the stock exchange, at a gross price of Rs 648 per share

    Read More
  • M&M’s Auto Sector registers 3% fall in May sales
    1st Jun 2019, 14:48 PM

    The company’s domestic sales touched 43,056 vehicles during May 2019, as against 43,818 vehicles in May 2018

    Read More
  • M&M’s EV sales grow over 2.5 times to 10,276 units in FY19
    30th May 2019, 14:40 PM

    The company had sold 4,026 units in 2017-18

    Read More
  • Mahindra & Mahindra reports 20% fall in Q4 net profit
    29th May 2019, 15:01 PM

    For the year ended March 31, 2019, the company has reported a rise of 10.10% in its net profit

    Read More
  • M&M launches new base W3 variant in XUV500 Range
    10th May 2019, 11:59 AM

    The W3 variant would be available across India at all Mahindra dealerships with immediate effect

    Read More
  • Mahindra features as India's most attractive tractor brand
    9th May 2019, 10:53 AM

    The study is based on TRA’s proprietary 'Brand Attractiveness Matrix' which comprises 36 attributes of Brand Attractiveness

    Read More

Source: www.accordfintech.com. Price feed provided by www.nseindia.com and www.bseindia.com value addition by www.accordfintech.com. Intraday data delayed 15 minutes.

DISCLAIMER: Information is provided " as is" and solely for informational purposes, not for trading purposes or advice, and may be delayed.