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Mahindra & Mahindra Ltd soars 1.53%, Gains for third straight session

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Mahindra & Mahindra Ltd is quoting at Rs 585.7, up 1.53% on the day as on 12:49 IST on the NSE. The stock is down 15.74% in last one year as compared to a 8.66% gain in NIFTY and a 5.24% gain in the Nifty Auto index.

Mahindra & Mahindra Ltd is up for a third straight session in a row. The stock is quoting at Rs 585.7, up 1.53% on the day as on 12:49 IST on the NSE. The benchmark NIFTY is up around 0.34% on the day, quoting at 12020.2. The Sensex is at 40906.3, up 0.29%. Mahindra & Mahindra Ltd has added around 11.67% in last one month.

 

Meanwhile, Nifty Auto index of which Mahindra & Mahindra Ltd is a constituent, has added around 1.75% in last one month and is currently quoting at 8100.8, up 0.22% on the day. The volume in the stock stood at 23.43 lakh shares today, compared to the daily average of 26.57 lakh shares in last one month.

The benchmark February futures contract for the stock is quoting at Rs 583.95, up 1.06% on the day. Mahindra & Mahindra Ltd is down 15.74% in last one year as compared to a 8.66% gain in NIFTY and a 5.24% gain in the Nifty Auto index.

The PE of the stock is 16.16 based on TTM earnings ending September 19.

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

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