M&M shares rise 8% on strong fourth-quarter earnings; market capitalization surpasses Rs 3 trn mark

Mahindra & Mahindra (M&M) today joined an elite club of companies with a market capitalization (m-cap) of Rs 3 trillion, after the share price of the auto and tractor major hit a new high of Rs 2,554.75, up of 8 percent compared to the previous month. BSE in Friday’s intraday trading. In the past four trading days, the stock has risen 17 percent.

M&M’s m-cap touched Rs 3.18 trillion in intraday trade. At 9:39 am; with Rs 3.15 trillion m-cap, M&M jumped to 22nd position in the overall m-cap rankings, the BSE data showed. M&M today surpassed Avenue Supermarts (D-Mart), Titan Company and

First print: May 17, 2024 | 10:06 am IST