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Mahindra & Mahindra Ltd slips for fifth straight session

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The stock is quoting at Rs 927.2, down 0.49% on the day as on 13:19 IST on the NSE. Mahindra & Mahindra Ltd jumped 40.85% in last one year as compared to a 15.31% rally in NIFTY and a 0.46% fall in the Nifty Auto index.

Mahindra & Mahindra Ltd dropped for a fifth straight session today. The stock is quoting at 927.2, down 0.49% on the day as on 13:19 IST on the NSE. The benchmark NIFTY is down around 0.75% on the day, quoting at 11434.1. The Sensex is at 37886.72, down 0.71%.Mahindra & Mahindra Ltd has lost around 0.56% in last one month.Meanwhile, Nifty Auto index of which Mahindra & Mahindra Ltd is a constituent, has eased around 1.17% in last one month and is currently quoting at 10754.1, down 0.54% on the day. The volume in the stock stood at 11.4 lakh shares today, compared to the daily average of 22.51 lakh shares in last one month.

 

The benchmark September futures contract for the stock is quoting at Rs 933.5, down 0.54% on the day. Mahindra & Mahindra Ltd jumped 40.85% in last one year as compared to a 15.31% rally in NIFTY and a 0.46% fall in the Nifty Auto index.

The PE of the stock is 25.83 based on TTM earnings ending June 18.

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First Published: Sep 05 2018 | 1:35 PM IST

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