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Mahindra & Mahindra gains on launching Blue Sense app on iOS users

31 Mar 2015 Evaluate

Mahindra & Mahindra (M&M) is currently trading at Rs. 1206.55, up by 6.65 points or 0.55% from its previous closing of Rs. 1199.90 on the BSE.

The scrip opened at Rs. 1200.30 and has touched a high and low of Rs. 1208.40 and Rs. 1192.00 respectively. So far 17742 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. 964.70 on 16-Apr-2014.

Last one week high and low of the scrip stood at Rs. 1222.00 and Rs. 1173.80 respectively. The current market cap of the company is Rs. 74866.48 crore.

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

M&M, India’s leading SUV manufacturer, has launched a Blue Sense - a vehicle smart app for iOS users for the XUV500. Already available for Android users, it has also been introduced across Windows and Android platforms for the new-generation Scorpio. XUV500 customers can download this app from the Apple App Store.

The Mahindra Blue Sense app enables customers to connect with the vehicle using Bluetooth technology and control features related to the infotainment and climate control systems. Moreover, other important vehicle information including tyre pressure, fuel statistics and many more can also be seen with help of this app. The app also provides alerts and warnings such as door open notification, service reminders and distance-to- empty details.

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

3329.50 -41.00 (-1.22%)
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