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Mahindra & Mahindra Ltd extends gains

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Mahindra & Mahindra Ltd is quoting at Rs 644.2, up 0.4% on the day as on 12:49 IST on the NSE. The stock is down 27.83% in last one year as compared to a 10.84% spurt in NIFTY and a 26.42% spurt in the Nifty Auto.

Mahindra & Mahindra Ltd is up for a fifth straight session in a row. The stock is quoting at Rs 644.2, up 0.4% on the day as on 12:49 IST on the NSE. The benchmark NIFTY is up around 0.27% on the day, quoting at 11827.9. The Sensex is at 39536.71, up 0.26%. Mahindra & Mahindra Ltd has dropped around 5.17% in last one month.

 

Meanwhile, Nifty Auto index of which Mahindra & Mahindra Ltd is a constituent, has dropped around 6.82% in last one month and is currently quoting at 7878.25, up 0.09% on the day. The volume in the stock stood at 11.53 lakh shares today, compared to the daily average of 29.9 lakh shares in last one month.

The benchmark June futures contract for the stock is quoting at Rs 644.25, up 0.41% on the day. Mahindra & Mahindra Ltd is down 27.83% in last one year as compared to a 10.84% spurt in NIFTY and a 26.42% spurt in the Nifty Auto index.

The PE of the stock is 16.55 based on TTM earnings ending March 19.

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First Published: Jun 26 2019 | 1:00 PM IST

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