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M&M shines on launching new H-Series Xylo across many states in India

17 May 2013 Evaluate

M&M is currently trading at Rs. 986.70, up by 1.45 points or 0.15% from its previous closing of Rs. 985.25 on the BSE.

The scrip opened at Rs. 975.55 and has touched a high and low of Rs. 993.90 and Rs. 975.55 respectively. So far 26,000 shares were traded on the counter.

The BSE group 'A' stock of face value Rs. 5 has touched a 52 week high of Rs. 997.00 on 16-May-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. 997.00 and Rs. 943.05 respectively. The current market cap of the company is Rs. 60,581 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 country’s leading SUV manufacturer has launched the new H-Series Xylo, powered by the refined and world class mHawk engine in Chandigarh. The new H-Series starts at an attractive price of Rs 8.49 lakh (ex showroom Chandigarh, BSIV variant).

The power packed H-Series offers a range of variants starting with the H4 (with ABS option), H8 (with ABS & Airbag option) and fully loaded feature packed H9 version which includes several unique features like Voice Command Technology (VCT), Cruise Control, Digital Drive Assist System, etc.

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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