Mahindra - Shares of Mahindra CIE ended the day with losses of 8.2 per cent in Tuesday's trade after the company posted weaker-than-expected December quarter earnings.
Reacting to the earnings, the scrip slumped 12.41 per cent to hit its fresh 52-week low of Rs 169 on the BSE. The company's total revenue in the quarter under review saw a marginal uptick of 2.3 per cent to Rs 396.3 crore.
The stock has cracked over 30 per cent in the year so far and is trading with a negative EPS (earnings per share) of 17.41.
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