Mahindra & Mahindra outperforms market despite losses on the day

Shares of Mahindra & Mahindra Ltd. 500520, -0.56% inched down 0.56% to 1,225.95 Indian rupees Friday, on what proved to be an all-around grim trading session for the stock market, with the S&P BSE Sensex Index 1, -1.61% falling 1.61% to 59,845.29. Mahindra & Mahindra Ltd. closed 140.35 rupees below its 52-week high (1,366.30 rupees), which the company reached on November 1. Despite its losses, the stock outperformed some of its competitors Friday, as Hero MotoCorp Ltd. HEROMOTOCO, -3.33% fell 3.33% to 2,636.85 rupees and Ashok Leyland Ltd. ASHOKLEY, -3.23% fell 3.23% to 137.85 rupees. Trading volume (266,571) eclipsed its 50-day average volume of 163,240. Editor’s Note: This story was auto-generated by Automated Insights, an automation technology provider, using data from Dow Jones and FactSet. See our market data terms of use.

Leave a Comment

Your email address will not be published. Required fields are marked *