Mahindra & Mahindra (M&M), part of the S&P BSE Sensex index, has rallied by over 40 per cent in the last 3-months compared to an over 2 per cent fall seen in the Nifty50 in the same period, but the upside may not be over yet.
The automobile stock is cruising along nicely even though the market mood seems to be on the downside. The stock with a market capitalization of Rs 1.2 lakh cr hit a fresh 52-week high of Rs 1057 on 2 June 2022.
The stock