Mahindra & Mahindra (OTCMKTS:MAHMF) Trading 9.6% Higher – Should You Buy?

Mahindra & Mahindra Limited (OTCMKTS:MAHMFGet Free Report)’s share price rose 9.6% during mid-day trading on Friday . The stock traded as high as $37.15 and last traded at $37.15. Approximately 185 shares were traded during mid-day trading, a decline of 83% from the average daily volume of 1,070 shares. The stock had previously closed at $33.90.

Mahindra & Mahindra Stock Performance

The stock has a 50-day simple moving average of $35.05 and a 200 day simple moving average of $31.33.

Mahindra & Mahindra Company Profile

(Get Free Report)

Mahindra & Mahindra Limited provides mobility products and farm solutions in India and internationally. The company operates through Automotive, Farm Equipment, Financial Services, Real Estate, Hospitality, and Others segments. It offers passenger and commercial vehicles, trucks, buses, vans, cars, utility vehicles, and electric vehicles; watercrafts; motorcycles, scooters, and mopeds; manufactures, assembles, and maintains various kinds of aircrafts and aircraft components, and aerostructures; offers construction equipment, such as backhoe loaders under the Mahindra EarthMaster brand; and road construction equipment comprising motor graders under the Mahindra RoadMaster brand.

Further Reading

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