Mahindra & Mahindra (OTCMKTS:MAHMF) Trading Up 4.9% – Time to Buy?

Mahindra & Mahindra Limited (OTCMKTS:MAHMFGet Free Report)’s share price shot up 4.9% during mid-day trading on Thursday . The stock traded as high as $32.73 and last traded at $32.73. 242 shares traded hands during trading, a decline of 90% from the average session volume of 2,396 shares. The stock had previously closed at $31.20.

Mahindra & Mahindra Stock Performance

The company’s 50-day simple moving average is $32.58 and its 200-day simple moving average is $33.24.

About Mahindra & Mahindra

(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.

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