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Mahindra & Mahindra gains on reporting 29% rise in Q1 net profit

13 Aug 2013 Evaluate

Mahindra & Mahindra is currently trading at Rs. 878.00, up by 17.85 points or 2.08% from its previous closing of Rs. 860.15 on the BSE.

The scrip opened at Rs. 870.80 and has touched a high and low of Rs. 897.85 and Rs. 870.00 respectively. So far 2, 07,000 shares were traded on the counter.

The BSE group 'A' stock of face value Rs. 5 has touched a 52 week high of Rs. 1026.45 on 20-May-2013 and a 52 week low of Rs. 730.55 on 13-Aug-2012.

Last one week high and low of the scrip stood at Rs. 874.50 and Rs. 838.20 respectively. The current market cap of the company is Rs. 54,075 crore.

The promoters holding in the company stood at 25.35% while Institutions and Non-Institutions held 51.19% and 18.23% respectively.

The company has reported 29.25% rise in its net profit after tax at Rs 937.91 crore for the quarter as compared to Rs 725.64 crore for the same quarter in the previous year. The total income of the company has increased by 8.06% at Rs 10186.75 crore for quarter under review as compared to Rs 9427.24 crore for the quarter ended June 30, 2012.

Mahindra & Mahindra Share Price

3100.75 -5.00 (-0.16%)
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