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Mahindra & Mahindra Ltd spurts 1.5%

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Capital Market

Mahindra & Mahindra Ltd is quoting at Rs 745.9, up 1.5% on the day as on 12:54 IST on the NSE. The stock is down 12.84% in last one year as compared to a 10.59% gain in NIFTY and a 3.2% gain in the Nifty Auto index.

Mahindra & Mahindra Ltd rose for a third straight session today. The stock is quoting at Rs 745.9, up 1.5% on the day as on 12:54 IST on the NSE. The benchmark NIFTY is up around 1.7% on the day, quoting at 16623.05. The Sensex is at 55724.49, up 1.97%. Mahindra & Mahindra Ltd has dropped around 12.62% in last one month.

 

Meanwhile, Nifty Auto index of which Mahindra & Mahindra Ltd is a constituent, has dropped around 12.99% in last one month and is currently quoting at 9832.35, up 2.23% on the day. The volume in the stock stood at 24.09 lakh shares today, compared to the daily average of 39.71 lakh shares in last one month.

The benchmark March futures contract for the stock is quoting at Rs 748, up 1.68% on the day. Mahindra & Mahindra Ltd is down 12.84% in last one year as compared to a 10.59% gain in NIFTY and a 3.2% gain in the Nifty Auto index.

The PE of the stock is 22.72 based on TTM earnings ending December 21.

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First Published: Mar 10 2022 | 1:05 PM IST

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