M&M share price has plunged 5% and is presently trading at Rs 308.
Meanwhile, the BSE AUTO Index is at 11,030 (up 2.8%).
Among the top losers in the BSE AUTO Index today is M&M (down 5.0%).
MOTHERSON SUMI (up 7.7%) and MARUTI SUZUKI (up 6.2%) are among the top gainers today.
Over the last one year, M&M has moved down from Rs 664 to Rs 308, registering a loss of Rs 356 (down 53.6%)..
The BSE AUTO has moved down from 18,589 to 11,030, loss of 7,559 points (down 40.7%) during the last 12 months.
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The BSE Sensex is at 27,463 (up 4.3%). The top gainers among the BSE Sensex stocks today are INFOSYS (up 11.1%). The most traded stocks in the BSE Sensex are SBI and ONGC.
In the meantime, NSE Nifty is at 8,037 (up 4.4%). BRITANNIA (up 12.1%) is among the top gainers in NSE Nifty.
Over the last 12 months, the BSE Sensex has moved down from 37,809 to 27,463, registering a loss of 10,346 points (down 28.33%).
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 6.5x. p >
What else is happening in the markets today? Dig in...
Indian share markets witnessed most of the buying interest during closing hours today and ended on a strong note.
BSE Sensex is trading up by 167 points, while the NSE Nifty is trading up by 50 points.
Indian share markets open in green. The BSE Sensex opened up by 156 points, while the Nifty is trading higher by 52 points.
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