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Mahindra & Mahindra hits new high, up 3% on hopes of strong domestic demand

Company says is seeing high interest for new launched Scorpio-N; In the last three months, the stock has outperformed the market, by gaining 38 per cent as against a 9 per cent decline on the Sensex.

farmers' protests, women, gender, farm, tractor, fields, workers, agriculture

The solidarities forged in the wake of the agitation have brought women together. If there are 50 women in a village, half of them cook for all the families, while the rest take care of the farms

SI Reporter Mumbai
Shares of Mahindra & Mahindra (M&M) rallied 3 per cent and hit a new high of Rs 1,058.60 on the BSE in Friday’s intra-day trade on hopes of strong demand outlook. The stock of the passenger cars & utility vehicles maker surpassed its previous high of Rs 1,057.75 touched on June 2, 2022.

In the past one month, M&M has outperformed the market, gaining 12 per cent, when compared with a 2.6 per cent decline in the S&P BSE Sensex. In the last three months, the stock has rallied 38 per cent, against 9 per cent decline in the

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First Published: Jun 24 2022 | 11:33 AM IST

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