Shares of Mahindra & Mahindra Limited (OTCMKTS:MAHMF – Get Free Report) dropped 0.3% during trading on Tuesday . The company traded as low as $32.60 and last traded at $33.50. Approximately 882 shares traded hands during mid-day trading, an increase of 8% from the average daily volume of 820 shares. The stock had previously closed at $33.60.
Mahindra & Mahindra Trading Down 0.3%
The stock’s 50-day simple moving average is $37.33 and its 200-day simple moving average is $39.66.
About Mahindra & Mahindra
Mahindra & Mahindra Limited is a diversified Indian multinational corporation headquartered in Mumbai. Founded in 1945 by J.C. Mahindra, K.C. Mahindra and Malik Ghulam Muhammad, the company began as a steel trading enterprise before venturing into vehicle manufacturing in the 1960s. Over the decades, it has grown into one of India’s leading industrial houses, with a presence across several sectors including automotive, farm equipment, financial services and information technology.
In the automotive segment, Mahindra & Mahindra designs and manufactures a range of utility vehicles, sports utility vehicles, pickups and commercial trucks under the “Mahindra” and “SsangYong” brands.
Featured Articles
Receive News & Ratings for Mahindra & Mahindra Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Mahindra & Mahindra and related companies with MarketBeat.com's FREE daily email newsletter.
