Tuesday, 16 July 2019

Mahindra And Mahindra Shares Fell 2 Percent Intraday After Global Brokerage

Mahindra and Mahindra shares fell 2 percent intraday after global brokerage house CLSA downgraded its rating on the stock to sell from underperform, citing weak earnings growth ahead.

The investment firm also slashed its target price to Rs 590 from Rs 690 per share.

Shares of Tinplate Company of India and Tata Metaliks fell nearly 7 percent intraday after weak set of June quarter earnings reported by both companies.

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