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Mahindra & Mahindra Ltd extends losses

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Mahindra & Mahindra Ltd is quoting at Rs 313.5, down 0.22% on the day as on 13:24 IST on the NSE. The stock tumbled 53.82% in last one year as compared to a 23.8% slide in NIFTY and a 35.92% fall in the Nifty Auto index.

Mahindra & Mahindra Ltd is down for a fifth straight session today. The stock is quoting at Rs 313.5, down 0.22% on the day as on 13:24 IST on the NSE. The benchmark NIFTY is up around 5.65% on the day, quoting at 8730.5. The Sensex is at 30062.29, up 6.27%.Mahindra & Mahindra Ltd has lost around 38.91% in last one month.Meanwhile, Nifty Auto index of which Mahindra & Mahindra Ltd is a constituent, has eased around 28.09% in last one month and is currently quoting at 5180.5, up 3.13% on the day. The volume in the stock stood at 44.72 lakh shares today, compared to the daily average of 55.6 lakh shares in last one month.

The benchmark March futures contract for the stock is quoting at Rs 321.25, up 2.24% on the day. Mahindra & Mahindra Ltd tumbled 53.82% in last one year as compared to a 23.8% slide in NIFTY and a 35.92% fall in the Nifty Auto index.

The PE of the stock is 10.11 based on TTM earnings ending December 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: Fri, March 20 2020. 13:35 IST
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