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This Indian company joins Rs 1-trillion m-cap club

Mahindra and Mahindra Ltd on Tuesday entered the pined for Rs 1 trillion market capitalisation club, after its share value hit a new 52-week high on the BSE.

Supply of the organization today opened on a bullish note at Rs 815, at that point increased further ground and touched its highest ever of Rs 819.10, up 2.23 percent over its past closing price.

Following the uptick in the counter, the organization’s market capitalisation (m-cap) bounced to Rs 1,01,829.91 crore, higher by Rs 2,225.32 crore, from Rs 99,604.59 crore yesterday.

A similar movement was seen on the NSE, where the stock opened at Rs 816, at that point hopped 2.16 percent to    Rs 818.80, its 52-week high in morning trade.

Following the hop in its m-top, M&M has joined the positions of Ultra Tech Cement, Power Grid Corporation, and IndusInd Bank.

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