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Mahindra & Mahindra (M&M), part of the S&P BSE Sensex index, has risen over 40 per cent in the last 3 months while Nifty 50 has seen a fall of over 2 per cent in the same period, but may not be on an upward trend. It’s over now. Even though the market sentiment seems to be on the downside, the automobile stock is doing well. The stock with a market capitalization of Rs 1.2 lakh crore hit a 52-week high of Rs 1057 on June 2, 2022.
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