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M&M rises as its arm launches electric 3-wheeler cargo model ‘Treo Zor’

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

30 Oct 2020 Evaluate

Mahindra & Mahindra is currently trading at Rs. 597.80, up by 5.95 points or 1.01% from its previous closing of Rs. 591.85 on the BSE.

The scrip opened at Rs. 593.00 and has touched a high and low of Rs. 598.15 and Rs. 587.30 respectively. So far 9769 shares were traded on the counter.

The BSE group 'A' stock of face value Rs. 5 has touched a 52 week high of Rs. 666.35 on 21-Sep-2020 and a 52 week low of Rs. 245.80 on 25-Mar-2020.

Last one week high and low of the scrip stood at Rs. 625.30 and Rs. 587.30 respectively. The current market cap of the company is Rs. 73578.35 crore.

The promoters holding in the company stood at 19.58%, while Institutions and Non-Institutions held 65.64% and 14.78% respectively.

Mahindra & Mahindra’s (M&M) subsidiary company -- Mahindra Electric Mobility has launched its new electric 3-wheeler cargo model Treo Zor at starting price of Rs 2.73 lakh (ex-showroom Delhi). Built on the Treo platform, the new offering comes in three variants – pick up, delivery van and flat bed - and will be available at Mahindra small commercial vehicle dealerships in select cities across the country from December.

The company’s Treo platform demonstrates its commitment to Aatmanirbhar Bharat through the latest technology and make in India. The Treo Zor will provide a clean, sustainable and affordable solution for last-mile delivery. The company claims that the new e-three wheeler offers higher savings of over Rs 60,000 a year, compared to the existing diesel cargo 3-wheelers, owing to its low maintenance cost, which stands at just 40 paise per km.

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%)

17-Apr-2026 16:59 View Price Chart

Peers

Company Name	CMP
Tata MotorsPassenger	360.15
Maruti Suzuki	13452.25
Mahindra & Mahindra	3199.35
Hyundai Motor India	1901.25
Mercury Metals	35.39
View more..

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M&M rises as its arm launches electric 3-wheeler cargo model ‘Treo Zor’

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