Shares of Mahindra & Mahindra on Friday gained over 2 per cent after the company reported a standalone profit-after-tax (PAT) of Rs 163 crore for the fourth quarter ended March 31, 2021. The stock jumped 2.13 per cent to close at Rs 846.20 on the BSE. During the day, it gained 2.89 per cent to Rs 852.50.