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Mahindra & Mahindra Ltd spurts 6.12%, gains for five straight sessions

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Capital Market

Mahindra & Mahindra Ltd is quoting at Rs 1235.75, up 6.12% on the day as on 12:44 IST on the NSE. The stock is up 63.09% in last one year as compared to a 8.84% jump in NIFTY and a 26.23% jump in the Nifty Bank.

Mahindra & Mahindra Ltd is up for a fifth straight session today. The stock is quoting at Rs 1235.75, up 6.12% on the day as on 12:44 IST on the NSE. The benchmark NIFTY is up around 0.76% on the day, quoting at 17289.4. The Sensex is at 57987.17, up 0.72%. Mahindra & Mahindra Ltd has gained around 13.25% in last one month.

 

Meanwhile, Nifty Bank index of which Mahindra & Mahindra Ltd is a constituent, has gained around 9.94% in last one month and is currently quoting at 12543.2, up 2.48% on the day. The volume in the stock stood at 87.48 lakh shares today, compared to the daily average of 35.44 lakh shares in last one month.

The benchmark August futures contract for the stock is quoting at Rs 1244, up 6.35% on the day. Mahindra & Mahindra Ltd is up 63.09% in last one year as compared to a 8.84% jump in NIFTY and a 26.23% jump in the Nifty Bank index.

The PE of the stock is 28.39 based on TTM earnings ending March 22.

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First Published: Aug 01 2022 | 1:00 PM IST

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