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Mahindra & Mahindra Ltd down for fifth straight session

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Capital Market
Last Updated : Feb 27 2020 | 1:50 PM IST

Mahindra & Mahindra Ltd is quoting at Rs 493.25, down 1.94% on the day as on 13:24 IST on the NSE. The stock tumbled 23.63% in last one year as compared to a 7.62% rally in NIFTY and a 14.06% fall in the Nifty Auto index.

Mahindra & Mahindra Ltd is down for a fifth straight session today. The stock is quoting at Rs 493.25, down 1.94% on the day as on 13:24 IST on the NSE. The benchmark NIFTY is down around 0.54% on the day, quoting at 11615.1. The Sensex is at 39648.31, down 0.6%.Mahindra & Mahindra Ltd has lost around 13.84% in last one month.Meanwhile, Nifty Auto index of which Mahindra & Mahindra Ltd is a constituent, has eased around 11.96% in last one month and is currently quoting at 7207.95, down 0.38% on the day. The volume in the stock stood at 37.61 lakh shares today, compared to the daily average of 33.25 lakh shares in last one month.

The benchmark February futures contract for the stock is quoting at Rs 494.55, down 1.73% on the day. Mahindra & Mahindra Ltd tumbled 23.63% in last one year as compared to a 7.62% rally in NIFTY and a 14.06% fall in the Nifty Auto index.

The PE of the stock is 16.17 based on TTM earnings ending December 19.

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First Published: Feb 27 2020 | 1:35 PM IST

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