M&M share tanks 7% post earnings; here’s what brokerages say
Share of Mahindra and Mahindra slipped 7 per cent to hit an intraday low of Rs 790.00 after the auto-major reported the earnings for the quarter and fiscal ended March 2021. The stock opened 2 percent lower at Rs 829.50 against the previous close of Rs 846.20.
The share of auto-maker stands higher than 20 day, 50 day, 100 day, and 200 day moving averages and lower than 5 day and 10 day moving averages.
The stock has gained 85 per cent in the last 12 months and risen 12 per cent since the beginning…
