M&M share price has plunged 5% and is presently trading at Rs 408.
Meanwhile, the BSE AUTO Index is at 13,559 (down 0.8%).
Among the top losers in the BSE AUTO Index today are M&M (down 5.1%) and BOSCH (down 6.0%).
EICHER MOTOR (up 3.8%) and CUMMINS INDIA (up 2.4%) are among the top gainers today.
Over the last one year, M&M has moved down from Rs 684 to Rs 408, registering a loss of Rs 276 (down 40.4%)..
The BSE AUTO has moved down from 19,428 to 13,559, loss of 5,869 points (down 30.2%) during the last 12 months.
The top gainers among the BSE AUTO Index stocks during this same period were MRF LTD. (up 7.8%).
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The BSE Sensex is at 32,048 (down 2.7%). The top gainers among the BSE Sensex stocks today are ASIAN PAINTS (up 3.1%). The most traded stocks in the BSE Sensex are ITC and POWER GRID.
In the meantime, NSE Nifty is at 9,404 (down 2.9%). YES BANK (up 57.1%) and EICHER MOTOR (up 3.7%) are among the top gainers in NSE Nifty.
Over the last 12 months, the BSE Sensex has moved down from 38,095 to 32,048, registering a loss of 6,047 points (down 19.82%).
M&M net profit down at Rs 3 billion for the quarter ended December 2019, compared to a loss of Rs 11 billion a year ago. Net Sales declined 5.5% to Rs 123.5 billion during the period as against Rs 130.7 billion in October-December 2018.
For the year ended March 2019, M&M reported 4.8% increase in net profit to Rs 44.3 billion compared to net profit of Rs 42.2 billion during FY18.
Revenue of the company grew 12.3% to Rs 1,047 billion during FY19.
The current Price to earnings ratio of M&M, based on rolling 12 month earnings, stands at 8.6x. p >
What else is happening in the markets today? Dig in...
Indian share markets witnessed volatile trading activity throughout the day today and ended on a flat note.
P&G HYGIENE share price has hit an all time high at Rs 14,100 (up 3.1%). The BSE FMCG Index is up by 0.5%. Among the top gainers in the BSE FMCG Index today are P&G HYGIENE (up 3.1%) and NESTLE (up 2.0%). The top losers include HUL and GILLETTE INDIA (down 0.1%).
BSE Sensex is trading up by 74 points, while the NSE Nifty is trading up by 55 points.
Indian share markets open in green. The BSE Sensex opened up by 131 points, while the Nifty is trading higher by 40 points.
DCM SHRIRAM share price is trading up by 10% and its current market price is Rs 619. The BSE 500 is up by 0.6%. The top gainers in the BSE 500 Index is DCM SHRIRAM (up 10.3%). The top losers are GODREJ PROPERTIES and TVS SRICHAKRA .
HINDUSTAN COPPER share price is trading up by 5% and its current market price is Rs 145. The BSE METAL is up by 0.8%. The top gainers in the BSE METAL Index is HINDUSTAN COPPER (up 5.2%). The top losers is COAL INDIA (down 0.2%).
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