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Mahindra & Mahindra Ltd down for fifth straight session

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Mahindra & Mahindra Ltd is quoting at Rs 601.1, down 2.73% on the day as on 13:24 IST on the NSE. The stock tumbled 34.16% in last one year as compared to a 6.28% rally in NIFTY and a 30.63% fall in the Nifty Auto index.

Mahindra & Mahindra Ltd is down for a fifth straight session today. The stock is quoting at Rs 601.1, down 2.73% on the day as on 13:24 IST on the NSE. The benchmark NIFTY is down around 0.37% on the day, quoting at 11644.7. The Sensex is at 39084.16, down 0.34%.Mahindra & Mahindra Ltd has lost around 2.28% in last one month.Meanwhile, Nifty Auto index of which Mahindra & Mahindra Ltd is a constituent, has eased around 3.62% in last one month and is currently quoting at 7648.15, down 2.06% on the day. The volume in the stock stood at 25.85 lakh shares today, compared to the daily average of 25.33 lakh shares in last one month.

The benchmark July futures contract for the stock is quoting at Rs 601.5, down 1.61% on the day. Mahindra & Mahindra Ltd tumbled 34.16% in last one year as compared to a 6.28% rally in NIFTY and a 30.63% fall in the Nifty Auto index.

The PE of the stock is 15.95 based on TTM earnings ending March 19.

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(This story has not been edited by Business Standard staff and is auto-generated from a syndicated feed.)

First Published: Thu, July 18 2019. 13:35 IST
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