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Mahindra & Mahindra falls on Monday, underperforming the market

The shares of Mahindra & Mahindra Ltd. 500520, -0.15% was down 0.15% at 1,263.65 Indian rupees on Monday after the stock market proved weak all round, with the S&P BSE Sensex Index down 1, -0.08%. down 0.08% to 62,130.57.

Mahindra & Mahindra Ltd. closed Rs.102.65 below its 52-week high (Rs.1,366.30) set by the company on Nov. 1.

The stock underperformed some of its peers on Monday as Hero MotoCorp Ltd. HEROMOTOCO was up +0.73%, up 0.73% at Rs.2,771.45 and Ashok Leyland Ltd. ASHOKLEY was up +0.52%, up 0.52% to Rs.144.40.

Trading volume (49,118) remained 121,771 below its 50-day moving average volume of 170,889.

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.

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