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M&M shines on offering proactive replacement of certain parts on select batch of XUV500

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

12 Mar 2013 Evaluate

Mahindra & Mahindra is currently trading at Rs. 918.30, up by 6.00 points or 0.66% from its previous closing of Rs. 912.30 on the BSE.

The scrip opened at Rs. 916.80 and has touched a high and low of Rs. 929.25 and Rs. 916.05 respectively. So far 33,000 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.

The current market cap of the company is Rs. 56,381.00 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 (M&M), a part of the $15.9 billion Mahindra Group, would carry out replacement of certain parts for a select batch of its XUV500 model. This is in keeping with its customer centric approach as well as in compliance with the recently announced voluntary code on vehicle recall.

The company will carry out preventive replacement of some parts in a select batch of XUV500s manufactured during 2011 and 2012. The replacement of three parts, including the fluid hose, front power window units as well as the left wiper blade cover, would be carried out with immediate effect. Besides, this replacement would be free of cost for XUV500 customers who would be individually contacted by the company.

Mahindra & Mahindra is the flagship company of the Mahindra Group. The company’s core automotive and farm equipment businesses have grown into market leaders whose triple bottom line ethic is driving industry trends towards technological innovation, social responsibility, and constantly improving customer satisfaction.

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 offering proactive replacement of certain parts on select batch of XUV500

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