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Mahindra & Mahindra Ltd

Mahindra & Mahindra Ltd soars 3.16%, gains for fifth straight session

Apr 08,2024 Hrs IST

Mahindra & Mahindra Ltd is up for a fifth straight session today. The stock is quoting at Rs 2076.85, up 3.16% on the day as on 12:44 IST on the NSE. The benchmark NIFTY is up around 0.71% on the day, quoting at 22673.2. The Sensex is at 74782.79, up 0.72%. Mahindra & Mahindra Ltd has gained around 9.63% in last one month.

Meanwhile, Nifty Auto index of which Mahindra & Mahindra Ltd is a constituent, has gained around 5.01% in last one month and is currently quoting at 21600.9, up 2.09% on the day. The volume in the stock stood at 19.13 lakh shares today, compared to the daily average of 32.93 lakh shares in last one month.

The benchmark April futures contract for the stock is quoting at Rs 2076.35, up 2.96% on the day. Mahindra & Mahindra Ltd is up 74.73% in last one year as compared to a 28.65% jump in NIFTY and a 74.79% jump in the Nifty Auto index.

The PE of the stock is 23.32 based on TTM earnings ending December 23.

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