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Mahindra & Mahindra Ltd soars 0.53%, rises for fifth straight session

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Mahindra & Mahindra Ltd is quoting at Rs 673.8, up 0.53% on the day as on 12:44 IST on the NSE. The stock is down 14.48% in last one year as compared to a 10.71% spurt in NIFTY and a 24.3% spurt in the Nifty Auto.

Mahindra & Mahindra Ltd is up for a fifth straight session in a row. The stock is quoting at Rs 673.8, up 0.53% on the day as on 12:44 IST on the NSE. The benchmark NIFTY is down around 0.05% on the day, quoting at 11578.8. The Sensex is at 38553.23, down 0.08%. Mahindra & Mahindra Ltd has dropped around 2.05% in last one month.

 

Meanwhile, Nifty Auto index of which Mahindra & Mahindra Ltd is a constituent, has dropped around 1.46% in last one month and is currently quoting at 8644.5, up 0.35% on the day. The volume in the stock stood at 19.95 lakh shares today, compared to the daily average of 30.99 lakh shares in last one month.

The benchmark April futures contract for the stock is quoting at Rs 678.45, up 0.72% on the day. Mahindra & Mahindra Ltd is down 14.48% in last one year as compared to a 10.71% spurt in NIFTY and a 24.3% spurt in the Nifty Auto index.

The PE of the stock is 16.88 based on TTM earnings ending December 18.

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First Published: Apr 11 2019 | 1:00 PM IST

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