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Mahindra & Mahindra gains on launching all new mini-truck 'Jeeto'

Mahindra & Mahindra Ltd. | Automobiles - Passenger Cars | Automobiles | BSE: 500520 | NSE: M&M

23 Jun 2015 Evaluate

Mahindra & Mahindra is currently trading at Rs 1335.00, up by 26.35 points or 2.01% from its previous closing of Rs 1308.65 on the BSE.

The scrip opened at Rs 1319.00 and has touched a high and low of Rs 1336.55 and Rs 1306.85 respectively. So far 40407 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 1336.55 and Rs. 1224.10 respectively. The current market cap of the company is Rs 82487.28 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 launched its all new small commercial vehicle, Jeeto from its Zaheerabad plant in the state of Telangana. Jeeto is the first ever product in its category with a modular range of 8 mini-trucks to cater to the varied needs of the sub 1 tonne load segment customers. Priced competitively, Jeeto starts at Rs 2.32 lakh (ex-showroom Telangana for BSIII) and will be available in S, L & X series, catering to mini-truck, micro-truck and 3 wheelers customers.

Jeeto will be a game changer in last mile distribution with its modular range, as it offers multiple options to choose from - 2 powertrains of 8.2 kW (11 HP) and 11.9 Kw (16 HP), 2 payloads of 600 and 700 kgs and 3 deck lengths of 1630mm (5.5ft), 1780mm (6ft) and 1930 mm (6.5ft). These combinations will be available across a range of 8 mini-trucks, namely S series (S6-11, S6-16), L series (L6-11, L6-16, L7-11, L7-16) and X series (X7-11, X7-16) and will lend the Mahindra Jeeto an unmatched versatility and superior efficiency to haul goods across different segments.

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

3202.80 3.45 (0.11%)

20-Apr-2026 11:22 View Price Chart

Peers

Company Name	CMP
Tata MotorsPassenger	357.25
Maruti Suzuki	13461.20
Mahindra & Mahindra	3202.80
Hyundai Motor India	1898.30
Mercury Metals	35.45
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Mahindra & Mahindra gains on launching all new mini-truck 'Jeeto'

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