Mahindra & Mahindra (M&M) is currently trading at Rs 783.00, up by 13.85 points or 1.80% from its previous closing of Rs 769.15 on the BSE.
The scrip opened at Rs 773.00 and has touched a high and low of Rs 789.25 and Rs 763.80 respectively. So far 100454 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 741.20 on 05-Sep-2012.
Last one week high and low of the scrip stood at Rs 803.20 and Rs 741.50 respectively. The current market cap of the company is Rs. 48347.55 crore.
The promoters holding in the company stood at 25.35% while Institutions and Non-Institutions held 51.19% and 18.23% respectively.
Mahindra and Mahindra (M&M) has earmarked an investment of Rs 10,000 crore in the next three years on capex and launching new products. As part of overall capex, the company is developing two-three new platforms for brand new products, which will enter the market around FY 2016.
These products will be rolled out from completely new plant, the location for which, including options outside its Chakan plant in Maharashtra, will be decided within this fiscal. Earlier, the company had decided to put on hold all investment at its Chakan plant due to VAT refund issues with Maharashtra Government.
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.
| Company Name | CMP |
|---|---|
| Tata MotorsPassenger | 341.60 |
| Maruti Suzuki | 13312.85 |
| Mahindra & Mahindra | 3096.90 |
| Hyundai Motor India | 1818.80 |
| Mercury Metals | 31.41 |
| View more.. | |
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