2.19lakh shares have been traded on BSE in the counter as opposed to a standard everyday volume of 2.57lakh shares in the last single quarter. The stock got an up of Rs.857 and a down of Rs.817 till now. The stock saw a 52-week up of Rs.942.70 on 4th August and a 52-week down of Rs.235.50 on 3rd December last year.
The stock fell 5.42% in 3 consecutive sessions to Rs.813.40 on 3rd September from Rs.860.05 on 31st August. The stock had dipped 11.18% as opposed to the BSE 3.30% fall. It earned 16.62% as opposed to 3.55% increase in the Sensex.
The present price of Rs.851.90 slashes the company’s Quarter 1 June annualized EPS of Rs.58.74 by a PE manifold of 14.50.
Mahindra & Mahindra’s entire vehicle sales increased 15% in August over August last year. National sales ascended 17%.
M&M’s tractor sales increased 2% in August over August last year.
M&M’s net earnings rushed 151.6% on a 28.7% rise in net sales to Rs.4229.46crore in Quarter 1 June over Quarter 1 June last year.