M&M share price has hit a 52-week high at Rs 623 (up 4.7%).
Meanwhile, the BSE 500 Index is at 14,524 (up 1.4%).
Among the top gainers in the BSE 500 Index today are M&M (up 4.7%) and THYROCARE TECHNOLOGIES (up 14.5%).
MAHARASHTRA SEAMLESS (down 6.9%) and ASHOKA BUILDCON (down 6.2%) are among the top losers today.
Over the last one year, M&M has moved up from Rs 553 to Rs 623, registering a gain of Rs 70 (up 12.44%).
The BSE 500 has moved up from 14,424 to 14,524, registering a gain of 100 points (up 0.6%) during the last 12 months.
The top gainers among the BSE 500 Index stocks during this same period were ESCORTS LIMITED (up 146.2%), ICICI SECURITIES LTD (up 125.7%) and LAURUS LABS LTD (up 123.6%).
Get Details: First Stock to Potentially Accumulate Rs 7 Crore Long-term Wealth
The BSE Sensex is at 38,555 (up 1.5%). The top gainers among the BSE Sensex stocks today are ULTRATECH CEMENT (up 7.1%), TCS (up 5.0%) and KOTAK MAHINDRA BANK (up 4.9%). Other gainers include M&M (up 4.7%) and MARUTI SUZUKI (up 4.2%). The most traded stocks in the BSE Sensex are SBI and AXIS BANK.
In the meantime, NSE Nifty is at 11,318 (up 1.5%). ULTRATECH CEMENT (up 7.0%) and TCS (up 4.9%) are among the top gainers in NSE Nifty.
Over the last 12 months, the BSE Sensex has moved up from 37,686 to 38,555, registering a gain of 869 points (up 2.2%).
M&M net profit down at Rs 25 billion for the quarter ended March 2020, compared to a loss of Rs 3 billion a year ago. Net Sales declined 25.9% to Rs 91.4 billion during the period as against Rs 123.5 billion in January-March 2019.
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 50.8x. p >
What else is happening in the markets today? Dig in...
Indian share markets witnessed a sharp sell-off today and ended deep in the red.
ONGC share price is trading down by 7% and its current market price is Rs 118. The BSE OIL & GAS is down by 4.0%. The top gainers in the BSE OIL & GAS Index is CASTROL INDIA (up 1.3%). The top losers are ONGC (down 7.1%) and GAIL (down 6.3%).
ULTRATECH CEMENT share price is trading down by 5% and its current market price is Rs 6,487. The BSE 500 is down by 3.4%. The top gainers in the BSE 500 Index are SOUTH IND.BANK (up 10.4%) and JAGRAN PRAKASHAN (up 10.0%). The top losers are ULTRATECH CEMENT (down 5.0%) and BAJAJ FINSERV (down 6.3%).
JAGRAN PRAKASHAN share price is trading up by 10% and its current market price is Rs 60. The BSE 500 is down by 3.2%. The top gainers in the BSE 500 Index are JAGRAN PRAKASHAN (up 10.1%) and RCF (up 11.0%). The top losers are MAHINDRA CIE AUTO. and AJANTA PHARMA (down 0.1%).
UPL share price is trading down by 5% and its current market price is Rs 589. The BSE 500 is down by 3.2%. The top gainers in the BSE 500 Index are RCF (up 11.0%) and SOUTH IND.BANK (up 10.4%). The top losers are UPL (down 5.4%) and BAJAJ FINSERV (down 6.2%).
ICICI LOMBARD GENERAL INSURANCE share price is trading down by 5% and its current market price is Rs 1,479. The BSE 500 is down by 3.2%. The top gainers in the BSE 500 Index are RCF (up 11.0%) and SOUTH IND.BANK (up 10.4%). The top losers are ICICI LOMBARD GENERAL INSURANCE (down 5.2%) and BAJAJ FINSERV (down 6.2%).
View More Indian Share Market NewsLast time the smallcap index crossed 19k a big correction followed. Here's what makes it different this time.
In this video, I'll cover your queries on intraday trading and also share my view on how to decide stop losses and target prices.
A look at what India's top equity mutual funds bought and sold in January 2021.
Do you enjoy reading Tesla and Bitcoin stories? Here's a not so famous small-cap stock to profit from the rise of EVs.
More
Equitymaster requests your view! Post a comment on "M&M at 52 Week High; BSE 500 Index Up 1.0% ". Click here!
Comments are moderated by Equitymaster, in accordance with the Terms of Use, and may not appear
on this article until they have been reviewed and deemed appropriate for posting.
In the meantime, you may want to share this article with your friends!