M&M zooms 91% in 5 months on healthy outlook; m-cap nears Rs 4 trillion

M&M stock record high price: With strong focus on capital efficiency, impressive product launch slate and capacity expansion in the offering, M&M is well positioned for profitable growth going forward

M&M hits record high: Mahindra & Mahindra (M&M) share price hit a new high of Rs 3,013.95, gaining 3 per cent on the BSE in Tuesday's intraday trade, on healthy business outlook.

In the past two months, the stock of the automobiles company has risen by 49 per cent. Besides, in the past five months, the stock price of M&M has zoomed 91 per cent from a level of Rs 1,580 hit on January 18, 2024. A sharp rally in the stock price has seen the market capitalisation (market-cap) of M&M inch towards Rs 4 trillion. The company's market-cap hit Rs