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Mahindra & Mahindra Ltd spurts 0.74%, rises for fifth straight session

Capital Market 

Mahindra & Mahindra Ltd is quoting at Rs 566.65, up 0.74% on the day as on 12:44 IST on the NSE. The stock is down 21.98% in last one year as compared to a 12.88% jump in NIFTY and a 6.37% jump in the Nifty Auto.

Mahindra & Mahindra Ltd gained for a fifth straight session today. The stock is quoting at Rs 566.65, up 0.74% on the day as on 12:44 IST on the NSE. The benchmark NIFTY is down around 0.56% on the day, quoting at 12293.1. The Sensex is at 41702.19, down 0.6%. Mahindra & Mahindra Ltd has gained around 11.36% in last one month.

Meanwhile, Nifty Auto index of which Mahindra & Mahindra Ltd is a constituent, has gained around 3.89% in last one month and is currently quoting at 8289.3, up 0.15% on the day. The volume in the stock stood at 14.54 lakh shares today, compared to the daily average of 36.29 lakh shares in last one month.

The benchmark January futures contract for the stock is quoting at Rs 567.1, up 0.61% on the day. Mahindra & Mahindra Ltd is down 21.98% in last one year as compared to a 12.88% jump in NIFTY and a 6.37% jump in the Nifty Auto index.

The PE of the stock is 15.76 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: Wed, January 15 2020. 13:00 IST
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