Reuters Market Eye - Shares in Mahindra and Mahindra Ltd fall after 11.82 million shares changed hands in twenty-four block deals on the BSE exchange on Thursday morning, according to Thomson Reuters data shows.
The block deals happened at an average price of 1,162.24 rupees a share, Thomson Reuters calculation shows. Shares are also pressured by the stock going ex-dividend on Thursday after earlier paying 14 rupees a share.
M&M stock was trading down 2.87 percent to 1186.50 rupees as of 12:04 a.m.
(Reporting by Abhishek Vishnoi)