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Mahindra & Mahindra Ltd in demand

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Capital Market

Mahindra & Mahindra Ltd is quoting at Rs 612.85, up 1.79% on the day as on 12:59 IST on the NSE. The stock is up 5.6% in last one year as compared to a 1.97% jump in NIFTY and a 2.81% jump in the Nifty Auto index.

Mahindra & Mahindra Ltd is up for a third straight session today. The stock is quoting at Rs 612.85, up 1.79% on the day as on 12:59 IST on the NSE. The benchmark NIFTY is up around 1.06% on the day, quoting at 12248.6. The Sensex is at 41848.9, up 1.23%. Mahindra & Mahindra Ltd has slipped around 2.97% in last one month.

 

Meanwhile, Nifty Auto index of which Mahindra & Mahindra Ltd is a constituent, has slipped around 1.98% in last one month and is currently quoting at 7995.5, up 0.16% on the day. The volume in the stock stood at 36.05 lakh shares today, compared to the daily average of 43.09 lakh shares in last one month.

The benchmark November futures contract for the stock is quoting at Rs 614.7, up 1.61% on the day. Mahindra & Mahindra Ltd is up 5.6% in last one year as compared to a 1.97% jump in NIFTY and a 2.81% jump in the Nifty Auto index.

The PE of the stock is 47.74 based on TTM earnings ending June 20.

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First Published: Nov 06 2020 | 1:05 PM IST

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