M&M catches speed on launching 15th lakh Bolero Pick up range from Kandivali plant

20 Aug 2019

Mahindra & Mahindra is currently trading at Rs. 524.20, up by 3.80 points or 0.73% from its previous closing of Rs. 520.40 on the BSE.

The scrip opened at Rs. 524.05 and has touched a high and low of Rs. 525.70 and Rs. 517.80 respectively. So far 81693 shares were traded on the counter.

The BSE group 'A' stock of face value Rs. 5 has touched a 52 week high of Rs. 992.00 on 30-Aug-2018 and a 52 week low of Rs. 502.85 on 14-Aug-2019.

Last one week high and low of the scrip stood at Rs. 535.80 and Rs. 502.85 respectively. The current market cap of the company is Rs. 64894.65 crore.

The promoters holding in the company stood at 19.87%, while Institutions and Non-Institutions held 58.78% and 21.36% respectively.

Mahindra & Mahindra (M&M) has rolled out the 15th lakh unit of its Bolero Pick-up range from its Kandivali plant in Mumbai, marking yet another milestone for this very popular model.

The Mahindra Pick up range is used for diverse applications including the delivery of agri products, dairy, consumer goods, construction equipment, logistics, fisheries, cash vans and for various Swachh Bharat initiatives to name a few.

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.

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