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Mahindra & Mahindra Ltd spurts 1.07%, rises for fifth straight session

Capital Market 

The stock is quoting at Rs 991, up 1.07% on the day as on 12:44 IST on the NSE. Mahindra & Mahindra Ltd is up 45.93% in last one year as compared to a 18.58% jump in NIFTY and a 4.91% jump in the Nifty Auto.

Mahindra & Mahindra Ltd gained for a fifth straight session today. The stock is quoting at Rs 991, up 1.07% on the day as on 12:44 IST on the NSE. The benchmark NIFTY is down around 0.15% on the day, quoting at 11720.55. The Sensex is at 38839.12, down 0.15%. Mahindra & Mahindra Ltd has gained around 6.19% in last one month.

Meanwhile, Nifty Auto index of which Mahindra & Mahindra Ltd is a constituent, has gained around 1.53% in last one month and is currently quoting at 11044.15, up 0.43% on the day. The volume in the stock stood at 10.3 lakh shares today, compared to the daily average of 22.29 lakh shares in last one month.

The benchmark August futures contract for the stock is quoting at Rs 989.85, up 0.87% on the day. Mahindra & Mahindra Ltd is up 45.93% in last one year as compared to a 18.58% jump in NIFTY and a 4.91% jump in the Nifty Auto index.

The PE of the stock is 27.13 based on TTM earnings ending June 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: Wed, August 29 2018. 13:00 IST
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