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On October 13, 2021, the stock hit a 52-week high of Rs 970.95, and on November 9, 2020, it hit a 52-week low of Rs 610.20.
On November 9, Mahindra and Mahindra's (M&M) stock soared over 3% to an intraday high of Rs 884.50, ahead of the company's September quarter earnings announcement later that day.
According to experts, Mahindra & Mahindra may announce a 12% reduction in earnings as the sector faces issues such as a global scarcity of semiconductors and a sharp spike in commodities costs.
Raw material headwinds are likely to hurt margins, resulting in a profit after tax drop of 11-12 percent from a year ago.
Revenue is predicted to rise 7-8 percent year over year, owing to a 3% increase in both volumes and realisations.
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On November 9, Mahindra and Mahindra's (M&M) stock soared over 3% to an intraday high of Rs 884.50, ahead of the company's September quarter earnings announcement later that day.
According to experts, Mahindra & Mahindra may announce a 12% reduction in earnings as the sector faces issues such as a global scarcity of semiconductors and a sharp spike in commodities costs.
Raw material headwinds are likely to hurt margins, resulting in a profit after tax drop of 11-12 percent from a year ago.
Revenue is predicted to rise 7-8 percent year over year, owing to a 3% increase in both volumes and realisations.