Mahindra CIE Automotive Ltd., incorporated in the year 1999, is a Mid Cap company (having a market cap of Rs 9494.74 Crore) operating in Auto Ancillaries sector.
For the quarter ended 31-03-2021, the company reported a Consolidated Total Income of Rs 2208.76 Crore, up 12.40 % from last quarter Total Income of Rs 1965.08 Crore and up 32.45 % from last year same quarter Total Income of Rs 1667.59 Crore. Company reported net profit after tax of Rs 10.09 Crore in latest quarter.
Forming a series of ascending tops and bottoms and sustained move above important averages, the stock continues to trace out bullish patterns.
Promoters held 71.6 per cent stake in the company as of March 31, 2021, while FIIs held 15.1 per cent, DIIs 3.3 per cent and public and others 10 per cent.
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