M&M shines on launching ‘e2o’ for Rs 5.96 lakh

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

19 Mar 2013 Evaluate

M&M is currently trading at Rs. 914.60, up by 1.80 points or 0.20% from its previous closing of Rs. 912.80 on the BSE.

The scrip opened at Rs. 915.00 and has touched a high and low of Rs. 919.05 and Rs. 914.15 respectively. So far 7,343 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. 932.00 and Rs. 893.10 respectively. The current market cap of the company is Rs. 56,154 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) has launched an all-electric four seater passenger car -- e2o. Developed by Reva Electric Car Company, the e2o has been priced at Rs 5.96 lakh (on road, Delhi). The price of e2o (standing for energy to oxygen) includes the state government subsidy.

The car will facilitate customers to charge their vehicle through any 15 amp plug point at home or at the workplace. The e2o can be charged at office or at home and will ideally take 6-8 hours for a full charge which will consume 10 units of electricity.

Recently, the two wheeler making arm of the Mahindra Group has launched company’s two new range of motorcycles ‘Mahindra Pantero’ and ‘Mahindra Centuro’ in Kolkata.

Mahindra & Mahindra (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

3329.50 -41.00 (-1.22%)

08-May-2026 16:59 View Price Chart

Peers

Company Name	CMP
Tata MotorsPassenger	355.35
Maruti Suzuki	13725.40
Mahindra & Mahindra	3329.50
Hyundai Motor India	1852.45
Mercury Metals	30.94
View more..

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