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Mahindra & Mahindra Ltd spurts 1.36%, rises for third straight session

Capital Market 

Mahindra & Mahindra Ltd is quoting at Rs 793.3, up 1.36% on the day as on 12:49 IST on the NSE. The stock is up 6.88% in last one year as compared to a 4.71% gain in NIFTY and a 19.96% gain in the Nifty Auto index.

Mahindra & Mahindra Ltd rose for a third straight session today. The stock is quoting at Rs 793.3, up 1.36% on the day as on 12:49 IST on the NSE. The benchmark NIFTY is down around 0.33% on the day, quoting at 10931.55. The Sensex is at 36368.32, down 0.32%. Mahindra & Mahindra Ltd has added around 3.15% in last one month.

Meanwhile, Nifty Auto index of which Mahindra & Mahindra Ltd is a constituent, has added around 4.24% in last one month and is currently quoting at 9507.7, down 0.01% on the day. The volume in the stock stood at 14.89 lakh shares today, compared to the daily average of 35.63 lakh shares in last one month.

The benchmark December futures contract for the stock is quoting at Rs 793.65, up 1.35% on the day. Mahindra & Mahindra Ltd is up 6.88% in last one year as compared to a 4.71% gain in NIFTY and a 19.96% gain in the Nifty Auto index.

The PE of the stock is 20.66 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, December 20 2018. 13:05 IST
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