Sudarshan Sukhani of s2analytics.com told CNBC-TV18, "If someone is a long-term investor then stay in Mahindra and Mahindra (M&M). At some point during the year M&M can see Rs 1,500 or even higher. So, do not worry, it is one of the better companies, just stay with it."
At 12:09 hrs Mahindra and Mahindra was quoting at Rs 1,299.00, down Rs 15.40, or 1.17 percent. It has touched an intraday high of Rs 1,316 and an intraday low of Rs 1,293.15.
Disclosure: Analyst does not have any positions in the stock.
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