Mahindra & Mahindra shares fall 1.22% in weak market session
Updated
Updated · MarketWatch · May 8
Mahindra & Mahindra shares fall 1.22% in weak market session
8 articles · Updated · MarketWatch · May 8
The stock closed at 3,329.50 rupees on Friday as the BSE Sensex fell 0.66% to 77,328.19.
Mahindra & Mahindra ended 13.29% below its 52-week high of 3,840 rupees reached on 5 January.
Among peers, Hero MotoCorp fell 0.39%, Ashok Leyland lost 1.29% and Hindustan Motors was flat, while Mahindra's trading volume of 52,358 stayed well below its 50-day average.
With record profits and ambitious EV plans, why is Mahindra's stock faltering amid rising geopolitical and economic risks?
Do rising costs and high debt threaten Mahindra's projected growth, despite strong analyst 'buy' ratings?
Can Mahindra's $1.5 billion EV push challenge Tata Motors' dominance in a market facing infrastructure hurdles?