Mahindra & Mahindra shares rise 2.14% and outperform market
Updated
Updated · MarketWatch · May 7
Mahindra & Mahindra shares rise 2.14% and outperform market
10 articles · Updated · MarketWatch · May 7
The stock closed at 3,370.50 rupees on Thursday as the BSE Sensex fell 0.15% to 77,844.52 in a broadly weak session.
Mahindra & Mahindra ended 12.23% below its 52-week high of 3,840 rupees reached on 5 January.
Trading volume was 297,362 shares, above the 50-day average of 190,179; among peers, Hero MotoCorp rose 3.35%, Ashok Leyland gained 1.78%, and Hindustan Motors was unchanged.
Are Mahindra's plans for 16 new models realistic amidst global supply chain chaos and intense competition?
Can Mahindra's bold EV push succeed while 75% of its business remains in diesel SUVs?
Despite record profits, why was the stock recently downgraded, and what risks might investors be overlooking?