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Mahindra & Mahindra Ltd gains for third straight session

Capital Market 

Mahindra & Mahindra Ltd is quoting at Rs 704, up 1.28% on the day as on 12:54 IST on the NSE. The stock is down 6.41% in last one year as compared to a 4.56% jump in NIFTY and a 23.29% jump in the Nifty Auto index.

Mahindra & Mahindra Ltd is up for a third straight session today. The stock is quoting at Rs 704, up 1.28% on the day as on 12:54 IST on the NSE. The benchmark NIFTY is down around 0.03% on the day, quoting at 11059. The Sensex is at 36962.89, down 0.03%. Mahindra & Mahindra Ltd has slipped around 2.68% in last one month.

Meanwhile, Nifty Auto index of which Mahindra & Mahindra Ltd is a constituent, has slipped around 1.77% in last one month and is currently quoting at 8567.4, up 1.58% on the day. The volume in the stock stood at 17.33 lakh shares today, compared to the daily average of 33.6 lakh shares in last one month.

The benchmark February futures contract for the stock is quoting at Rs 705.4, up 1.07% on the day. Mahindra & Mahindra Ltd is down 6.41% in last one year as compared to a 4.56% jump in NIFTY and a 23.29% jump in the Nifty Auto index.

The PE of the stock is 18.38 based on TTM earnings ending September 18.

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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, February 07 2019. 13:05 IST
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