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M&M shines on unveiling SsangYong Rexton in Ahmedabad

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

25 Jan 2013 Evaluate

Mahindra & Mahindra (M&M) is currently trading at Rs. 887.40, up by 10.40 points or 1.19% from its previous closing of Rs. 877.00 on the BSE.

The scrip opened at Rs. 885.00 and has touched a high and low of Rs. 889.00 and Rs. 867.60 respectively. So far 28368 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 on 10-Jan-2013 and a 52 week low of Rs. 621.75 on 18-May-2012.

Last one week high and low of the scrip stood at Rs. 904.00 and Rs. 852.40 respectively. The current market cap of the company is Rs. 54441.67 crore.

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

As a part of its phase-wise launch of the SsangYong Rexton, Mahindra and Mahindra (M&M) has unveiled the high-end luxury sports utility vehicle (SUV) in Ahmedabad (Gujarat) market. The company has already delivered over 400 Rextons since November.

The company is manufacturing Rexton at Chakan plant which having an annual capacity of 5,000 units of the vehicle per annum working in single shift. The company has recently increased the capacity to 500 units per month as the SUV currently has a wait-period of four to six weeks.

Recently, the company had launched the Verito Executive edition, a premium offering targeted primarily at corporate executives, professionals and businessmen. Moreover, the company had also ramped up capacities of the XUV500 and the Quanto at Chakan to 5000 units per month and 3,500 units per month respectively.

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 shines on unveiling SsangYong Rexton in Ahmedabad

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