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Mahindra & Mahindra Ltd in demand

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Mahindra & Mahindra Ltd is quoting at Rs 554.8, up 1.5% on the day as on 12:49 IST on the NSE. The stock is down 23.43% in last one year as compared to a 14.85% spurt in NIFTY and a 7.21% spurt in the Nifty Auto index.

Mahindra & Mahindra Ltd gained for a third straight session today. The stock is quoting at Rs 554.8, up 1.5% on the day as on 12:49 IST on the NSE. The benchmark NIFTY is up around 0.62% on the day, quoting at 12332.55. The Sensex is at 41884.47, up 0.68%. Mahindra & Mahindra Ltd has risen around 9.03% in last one month.

Meanwhile, Nifty Auto index of which Mahindra & Mahindra Ltd is a constituent, has risen around 2.76% in last one month and is currently quoting at 8225.5, down 0.17% on the day. The volume in the stock stood at 20.01 lakh shares today, compared to the daily average of 36.83 lakh shares in last one month.

The benchmark January futures contract for the stock is quoting at Rs 554.6, up 1.2% on the day. Mahindra & Mahindra Ltd is down 23.43% in last one year as compared to a 14.85% spurt in NIFTY and a 7.21% spurt in the Nifty Auto index.

The PE of the stock is 15.31 based on TTM earnings ending September 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: Mon, January 13 2020. 13:05 IST
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