Shares of Mahindra And Mahindra Ltd (NSE: M&M), a prominent player in the Indian automotive and farm equipment sectors, showcased a strong performance during the trading session on April 17th. The stock closed the day on the National Stock Exchange of India (NSE) at 2,675.30 INR, marking a significant gain of 40.70 INR, representing a 1.54% increase.
The trading day for M&M began at 2,632.00 INR, slightly below the previous close of 2,634.60 INR. After an initial dip to the session’s low of 2,602.40 INR, the stock embarked on a steady upward climb throughout the day. It reached an intraday high of 2,682.80 INR towards the end of the session, ultimately closing near this peak. The market closed for M&M at 3:30 pm IST.
Key financial metrics provided indicate a market capitalization of 3.21L Cr INR and a P/E ratio of 24.18. Mahindra & Mahindra also offers a dividend yield of 0.79%. The current closing price positions the stock comfortably above its 52-week low of 1,998.20 INR, though it remains below the 52-week high of 3,270.95 INR. This positive performance reflects investor confidence in the Indian conglomerate.
