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M&M declines on reporting 6.45% fall in January sales

03 Feb 2015 Evaluate

Mahindra & Mahindra is currently trading at Rs. 1229.95, down by 13.90 points or 1.12% from its previous closing of Rs. 1243.85 on the BSE.

The scrip opened at Rs. 1260.00 and has touched a high and low of Rs. 1260.00 and Rs. 1228.00 respectively. So far 16040 shares were traded on the counter.

The BSE group 'A' stock of face value Rs. 5 has touched a 52 week high of Rs. 1421.00 on 04-Sep-2014 and a 52 week low of Rs. 847.00 on 04-Feb-2014.

Last one week high and low of the scrip stood at Rs. 1365.00 and Rs. 1238.00 respectively. The current market cap of the company is Rs. 76369.52 crore.

The promoters holding in the company stood at 25.74 % while Institutions and Non-Institutions held 56.26 % and 12.58 % respectively.

Mahindra & Mahindra (M&M), India’s leading SUV manufacturer, has reported its auto sales numbers which stood at 39,930 units during January 2015 as against 42,685 units during January 2014, registering a fall of 6.45%.The Passenger Vehicles segment (which includes UVs and the Verito) sold 18,804 units in January 2015 as against 19,792 units during January 2014.

The company’s domestic sales stood at 37,045 units during January 2015 as against 40,324 units during January 2014. In January 2015, the Truck & Bus division of the company sold 796 units, registering a growth of 10%. Exports for January 2015 stood at 2,885 units registering a growth of 22%.

Mahindra & Mahindra (M&M) is the flagship company of the Mahindra Group, a multinational conglomerate based in Mumbai, India. Amongst the various business interests of its parent group, the company is mainly involved in the automobile manufacturing. It is one of the leading auto companies of India.

Mahindra & Mahindra Share Price

3199.35 -22.00 (-0.68%)
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