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India's Mahindra and Mahindra Financial Services up after profit beat

Source: Reuters

BENGALURU, Nov 3 (Reuters) - India's Mahindra and Mahindra Financial Services (MMFS.NS) rose as much as 10% on Thursday, a day after the vehicle financing arm of the Mahindra conglomerate beat estimates for its second-quarter profit.Profit fell to 4.48 billion Indian rupees ($54.08 million) in the three months ended Sept. 30, from 10.23 billion rupees a year ago when the lender recorded a reversal of impairment…