The analyst suggested a stop loss at Rs 515.
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Updated: Dec 26, 2019, 11.41 AM IST
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Mahindra & Mahindra Ltd., incorporated in the year 1945, is a Large Cap company (having a market cap of Rs 65559.76 Crore) operating in Auto sector.
Mahindra & Mahindra Ltd. key Products/Revenue Segments include Automobile-Light, Medium & Heavy Commercial, Jeep, Passenger Car which contributed Rs 52222.45 Crore to Sales Value (97.40 % of Total Sales), Sale of services which contributed Rs 738.35 Crore to Sales Value (1.37 % of Total Sales), Other Operating Revenue which contributed Rs 528.45 Crore to Sales Value (0.98 % of Total Sales), scrap which contributed Rs 124.75 Crore to Sales Value (0.23 % of Total Sales) for the year ending 31-Mar-2019.
For the quarter ended 30-09-2019, the company has reported a Consolidated sales of Rs 23935.93 Crore, down 8.08 % from last quarter sales of Rs 26041.02 Crore and down 5.88 % from last year same quarter sales of Rs 25431.02 Crore. Company has reported net profit after tax of Rs 22.33 Crore in latest quarter.
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Source: Economic Times
