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Mahindra & Mahindra Ltd soars 1.11%

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Capital Market
Last Updated : Aug 20 2018 | 1:16 PM IST

The stock is quoting at Rs 972.15, up 1.11% on the day as on 12:49 IST on the NSE. Mahindra & Mahindra Ltd is up 41.03% in last one year as compared to a 18.49% spurt in NIFTY and a 3.94% spurt in the Nifty Auto index.

Mahindra & Mahindra Ltd is up for a third straight session in a row. The stock is quoting at Rs 972.15, up 1.11% on the day as on 12:49 IST on the NSE. The benchmark NIFTY is up around 0.76% on the day, quoting at 11557.9. The Sensex is at 38289.87, up 0.9%. Mahindra & Mahindra Ltd has risen around 6.78% in last one month.

Meanwhile, Nifty Auto index of which Mahindra & Mahindra Ltd is a constituent, has risen around 2.03% in last one month and is currently quoting at 10878.7, up 1.01% on the day. The volume in the stock stood at 9.98 lakh shares today, compared to the daily average of 22.88 lakh shares in last one month.

The benchmark August futures contract for the stock is quoting at Rs 972.15, up 1.02% on the day. Mahindra & Mahindra Ltd is up 41.03% in last one year as compared to a 18.49% spurt in NIFTY and a 3.94% spurt in the Nifty Auto index.

The PE of the stock is 26.64 based on TTM earnings ending June 18.

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First Published: Aug 20 2018 | 1:05 PM IST

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