Mahindra & Mahindra (M&M) is currently trading at Rs. 1256.85, up by 5.85 points or 0.47% from its previous closing of Rs. 1251.00 on the BSE.
The scrip opened at Rs. 1251.00 and has touched a high and low of Rs. 1260.90 and Rs. 1241.40 respectively. So far 8859 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. 1106.00 on 10-Feb-2015.
Last one week high and low of the scrip stood at Rs. 1277.00 and Rs. 1197.00 respectively. The current market cap of the company is Rs. 77965.73 crore.
The promoters holding in the company stood at 25.65% while Institutions and Non-Institutions held 56.08% and 12.89% respectively.
Mahindra & Mahindra (M&M) has entered into a strategic partnership with Mitsubishi Heavy Industries (MHI) in the field of agricultural machinery. Under the definitive agreement signed between both the parties, Mahindra will invest JPY 3 billion amounting $25 million for acquiring 33% voting stake in MHI subsidiary, Mitsubishi Agricultural Machinery Company (MAM) through fresh issue of common shares and Class A (non-voting) shares of MAM. The deal is expected to close by October 1, 2015 with the new funding to be used to increase MAM’s capital base.
The new partnership will help both companies to jointly develop products to address global opportunities in the tractor and agri-machinery space. In addition, the partnership will enable MAM and Mahindra to improve cost competitiveness though joint procurement and optimize the supply chain.
Mitsubishi Agricultural Machinery is a full range agri-machinery company producing and selling tractors, combine harvesters, rice transplanters and other agri-machinery. It had revenues of approximately JPY 50 billion amounting $408 million in 2014-15.
| Company Name | CMP |
|---|---|
| Tata MotorsPassenger | 358.35 |
| Maruti Suzuki | 13503.85 |
| Mahindra & Mahindra | 3223.70 |
| Hyundai Motor India | 1892.05 |
| Mercury Metals | 35.50 |
| View more.. | |
MoneyWorks4Me is a SEBI-registered Investment Adviser (IA) dedicated to helping investors build long-term wealth through transparent, research-driven, conflict-free guidance. Founded in 2008, we started our journey as a Research Analyst (RA), providing deep fundamental analysis, intrinsic value insights, and long-term investing frameworks for Indian equities. In 2017, we transitioned to a full-fledged SEBI-registered Investment Adviser, strengthening our commitment to acting as a fiduciary—always putting the investor’s interest first.
To become India’s most trusted, research-powered fiduciary advisory platform—where every investor, regardless of experience, can make calm, confident, and well-reasoned investment decisions.
MoneyWorks4Me ensures this through: