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M&M rises on launching Verito Executive edition

23 Jan 2013 Evaluate

Mahindra & Mahindra (M&M) is currently trading at Rs. 889.65, up by 5.80 points or 0.66% from its previous closing of Rs. 883.85 on the BSE.

The scrip opened at Rs. 885.00 and has touched a high and low of Rs. 891.00 and Rs. 884.05 respectively. So far 2,401 shares were traded on the counter.

The BSE group 'A' stock of face value Rs. 5 has touched a 52 week high of Rs. 974.80 and a 52 week low of Rs. 621.75.

The current market cap of the company is Rs. 54,622.00 crore.

The promoters holding in the company stood at 25.30% while Institutions and Non-Institutions held 49.26% and 19.99% respectively.

Mahindra & Mahindra has launched the Verito Executive edition, a premium offering targeted primarily at corporate executives, professionals and businessmen. The Verito Executive edition has been competitively priced at Rs 7.75 lacs ex-showroom Delhi.

The exclusive features of Verito Executive edition includes Striking Pearl White exterior colour, Luxurious Italian leather upholstery, Leather-wrapped Steering Wheel, State of the art Touch Screen Navigation System, Smart Bluetooth Audio, Stylish body graphics (decals), Executive badge and Blue Vision Headlamps.

In addition to these exclusive features, the Verito Executive edition retains all the features of the New Look Verito, which was launched in July 2012. The Verito’s ‘Executive edition’ retains its core strength of the efficient Renault 1.5 L DCi diesel engine and Renault 1.6 L MPFi petrol engine, best in category body width and 510 litres of boot space.

Mahindra & Mahindra Share Price

3199.35 -22.00 (-0.68%)
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