Shares of Mahindra and Mahindra hit a record high of ₹1,033 apiece on the BSE during Tuesday’s intraday trading. On Saturday, the company reported a nearly five-fold jump in its standalone profit of ₹1,192 crore for the quarter that ended on March 31, 2022, as compared to ₹245 crore profit posted for the year-ago period, it said in a statement.