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M&M declines on reporting 6.23% fall in February production

04 Mar 2015 Evaluate

Mahindra & Mahindra is currently trading at Rs 1216.65, down by 19.20 points or 1.55% from its previous closing of Rs. 1235.85 on the BSE.

The scrip opened at Rs. 1250.10 and has touched a high and low of Rs. 1265.00 and Rs. 1207.20 respectively. So far 51566 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. 940.70 on 05-Mar-2014.

Last one week high and low of the scrip stood at Rs. 1307.80 and Rs. 1224.05 respectively. The current market cap of the company is Rs. 75419.25 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 6.23% fall in its production to 39715 units in February 2015 as compared to 42355 units in same month last year. Earlier, the company had reported its auto sales numbers which stood at 38,033 units during February 2015 as against 42,166 units during February 2014, registering a fall of 9.80%.

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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