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Mahindra & Mahindra Ltd rises for third straight session

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Mahindra & Mahindra Ltd is quoting at Rs 414.3, up 5.41% on the day as on 12:54 IST on the NSE. The stock is down 32.55% in last one year as compared to a 16.39% slide in NIFTY and a 25.84% slide in the Nifty Auto index.

Mahindra & Mahindra Ltd is up for a third straight session today. The stock is quoting at Rs 414.3, up 5.41% on the day as on 12:54 IST on the NSE. The benchmark NIFTY is up around 2.03% on the day, quoting at 9383.2. The Sensex is at 32017.06, up 2.06%. Mahindra & Mahindra Ltd has gained around 17.32% in last one month.

 

Meanwhile, Nifty Auto index of which Mahindra & Mahindra Ltd is a constituent, has gained around 10.63% in last one month and is currently quoting at 5708.95, up 3.34% on the day. The volume in the stock stood at 51.97 lakh shares today, compared to the daily average of 76.6 lakh shares in last one month.

The benchmark May futures contract for the stock is quoting at Rs 416.2, up 5.67% on the day. Mahindra & Mahindra Ltd is down 32.55% in last one year as compared to a 16.39% slide in NIFTY and a 25.84% slide in the Nifty Auto index.

The PE of the stock is 12.62 based on TTM earnings ending December 19.

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First Published: May 13 2020 | 1:05 PM IST

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