AgenciesShares of automaker up as much as 3.12% to Rs 1298.70, their record high.
MAHM and Volkswagen AG, on Monday, announced expansion of their MEB alliance to accelerate the electrification of the Indian auto market.
Venture targets one million units, including integration of MEB components into five all-electric SUVs.
Nearly 855,434 shares traded, 0.2x times its 30-day moving average of about 4 million shares.
Thirty-seven of 42 brokerages rate the stock "buy" or higher, three "hold" and two "sell"; median PT is Rs 1,400, shows Refinitiv Eikon.
As of last close, MAHM stock up 62.26% YTD vs 1.45% gain in the benchmark Nifty Auto index.
MAHM and Volkswagen AG, on Monday, announced expansion of their MEB alliance to accelerate the electrification of the Indian auto market.
Venture targets one million units, including integration of MEB components into five all-electric SUVs.
Nearly 855,434 shares traded, 0.2x times its 30-day moving average of about 4 million shares.
Thirty-seven of 42 brokerages rate the stock "buy" or higher, three "hold" and two "sell"; median PT is Rs 1,400, shows Refinitiv Eikon.
As of last close, MAHM stock up 62.26% YTD vs 1.45% gain in the benchmark Nifty Auto index.
Experience Your Economic Times Newspaper, The Digital Way!
Read More News on
(What's moving Sensex and Nifty Track latest market news, stock tips and expert advice on ETMarkets. Also, ETMarkets.com is now on Telegram. For fastest news alerts on financial markets, investment strategies and stocks alerts, subscribe to our Telegram feeds.)
...moreDownload The Economic Times News App to get Daily Market Updates & Live Business News.
Pick the best stocks for yourself
Powered by