On NSE, Mahindra & Mahindra Ltd is quoting at Rs 1357, up 1.91%. The stock is up 56.03% in 2022 compared to a 14.25% gain in the Nifty Bank index and a 0.39% gain in NIFTY.

Today, Mahindra & Mahindra Ltd is up for a third straight session. The stock is quoting at Rs 1357, up 1.91%. The benchmark NIFTY is down around 0.02% on the day, quoting 17645.1. The Sensex is at 59417.62, down 0.14%. The company has added around 7.46% in the previous month.

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Meanwhile, the Nifty Bank index has added around 4.77% in the previous month and is currently quoting at 13076.85, up 1.49%. The volume in the stock remained at 20.09 lakh shares on Tuesday compared to the daily average of 20 lakh shares in the previous month.

The February futures contract benchmark for the stock was at Rs 1362, up 1.87% on the day. Mahindra & Mahindra Ltd is up 56.03% in 2022, as against a 14.25% gain in the Nifty Bank index and a 0.39% gain in NIFTY.

Based on TTM earnings, the PE of the stock was 26.34 based on the end of September 22.