Mahindra & Mahindra Limited (OTCMKTS:MAHMF – Get Free Report) was down 0.4% during mid-day trading on Thursday . The stock traded as low as $33.60 and last traded at $33.60. 685 shares changed hands during mid-day trading, an increase of 3% from the average session volume of 668 shares. The stock had previously closed at $33.75.
Mahindra & Mahindra Stock Performance
The company’s 50-day simple moving average is $33.06 and its 200 day simple moving average is $33.49.
Mahindra & Mahindra Company Profile
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.
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