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Mahindra & Mahindra Ltd soars 1.07%

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Capital Market

Mahindra & Mahindra Ltd is quoting at Rs 533.5, up 1.07% on the day as on 12:54 IST on the NSE. The stock is down 44.97% in last one year as compared to a 3.6% drop in NIFTY and a 36.13% drop in the Nifty Auto index.

Mahindra & Mahindra Ltd is up for a third straight session in a row. The stock is quoting at Rs 533.5, up 1.07% on the day as on 12:54 IST on the NSE. The benchmark NIFTY is up around 0.8% on the day, quoting at 11136.35. The Sensex is at 37678.97, up 0.88%. Mahindra & Mahindra Ltd has dropped around 5.56% in last one month.

 

Meanwhile, Nifty Auto index of which Mahindra & Mahindra Ltd is a constituent, has dropped around 2.72% in last one month and is currently quoting at 6998.45, up 0.37% on the day. The volume in the stock stood at 11.76 lakh shares today, compared to the daily average of 41.85 lakh shares in last one month.

The benchmark August futures contract for the stock is quoting at Rs 532.7, up 0.99% on the day. Mahindra & Mahindra Ltd is down 44.97% in last one year as compared to a 3.6% drop in NIFTY and a 36.13% drop in the Nifty Auto index.

The PE of the stock is 13.76 based on TTM earnings ending June 19.

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First Published: Aug 19 2019 | 1:05 PM IST

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