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M&M shines on launching ‘Bolero Maxi Truck Plus’ in Ahmedabad

09 May 2013 Evaluate

M&M is currently trading at Rs. 956.80, up by 10.70 points or 1.13% from its previous closing of Rs. 946.10 on the BSE.

The scrip opened at Rs. 958.90 and has touched a high and low of Rs. 960.50 and Rs. 938.15 respectively. So far 43,000 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.

Last one week high and low of the scrip stood at Rs. 974.40 and Rs. 910.10 respectively. The current market cap of the company is Rs. 58,745.00 crore.

The promoters holding in the company stood at 25.18% while Institutions and Non-Institutions held 50.55% and 18.90% respectively.

Mahindra & Mahindra (M&M), the leader in the Indian pick up segment, has launched the ‘Bolero Maxi Truck Plus’ (BMT Plus), the ‘Perfectly Styled City Pick-up’, in Ahmedabad in the state of Gujarat, at a price of Rs 4.31 lakh (BS3), ex-showroom Ahmedabad and Rs 4.40 lakh (BS4), ex-showroom Ahmedabad.

The Bolero Maxi Truck Plus has been developed on Mahindra’s rugged Bolero Pick-up platform and is conceptualized to cater to the needs of urban goods transportation. It is powered by Mahindra’s proven 2523 cc fuel efficient common-rail engine, which delivers 17.7 km per litre mileage.

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

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