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Mahindra & Mahindra Ltd gains for third consecutive session

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Mahindra & Mahindra Ltd is quoting at Rs 571, up 1.48% on the day as on 12:49 IST on the NSE. The stock is down 25.8% in last one year as compared to a 9.43% spurt in NIFTY and a 15.55% spurt in the Nifty Auto index.

Mahindra & Mahindra Ltd gained for a third straight session today. The stock is quoting at Rs 571, up 1.48% on the day as on 12:49 IST on the NSE. The benchmark NIFTY is down around 0.22% on the day, quoting at 11289.55. The Sensex is at 38021.47, down 0.22%. Mahindra & Mahindra Ltd has risen around 10.44% in last one month.

 

Meanwhile, Nifty Auto index of which Mahindra & Mahindra Ltd is a constituent, has risen around 8.77% in last one month and is currently quoting at 7493.75, up 0.47% on the day. The volume in the stock stood at 27.58 lakh shares today, compared to the daily average of 44.78 lakh shares in last one month.

The benchmark October futures contract for the stock is quoting at Rs 572.55, up 1.44% on the day. Mahindra & Mahindra Ltd is down 25.8% in last one year as compared to a 9.43% spurt in NIFTY and a 15.55% spurt in the Nifty Auto index.

The PE of the stock is 14.67 based on TTM earnings ending June 19.

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First Published: Oct 04 2019 | 1:05 PM IST

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