Mahindra & Mahindra Ltd up for third straight session

Mahindra & Mahindra Ltd is up for a third straight session today. The stock is quoting at Rs 854.55, up 4.62% on the day as on 12:49 IST on the NSE. The benchmark NIFTY is up around 1.26% on the day, quoting at 14832.75. The Sensex is at 50422.04, up 1.25%. Mahindra & Mahindra Ltd has gained around 14.08% in last one month.

Meanwhile, Nifty Auto index of which Mahindra & Mahindra Ltd is a constituent, has gained around 14.83% in last one month and is currently quoting at 10638.6, up 1.66% on the day. The volume in the stock stood at 60.5 lakh shares today, compared to the daily average of 59.46 lakh shares in last one month.

The benchmark February futures contract for the stock is quoting at Rs 858.4, up 4.66% on the day. Mahindra & Mahindra Ltd is up 48.13% in last one year as compared to a 23.82% jump in NIFTY and a 33.5% jump in the Nifty Auto index.

The PE of the stock is 162.99 based on TTM earnings ending September 20.

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