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M&M gains as arm enters into strategic partnership with Carzonrent

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

26 Sep 2013 Evaluate

Mahindra and Mahindra is currently trading at Rs. 857.50, up by 7.80 points or 0.92% from its previous closing of Rs. 849.70 on the BSE.

The scrip opened at Rs. 852.00 and has touched a high and low of Rs. 864.90 and Rs. 845.10 respectively. So far 36,000 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. 741.50 on 28-Aug-2013.

Last one week high and low of the scrip stood at Rs. 891.40 and Rs. 834.65 respectively. The current market cap of the company is Rs. 52,812.00 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), country’s major automobile maker’s business conglomerate Mahindra Reva has entered into a strategic partnership with the leaders in Cab Rental Industry, Carzonrent to launch first-of-its kind electric vehicle in the self-drive category in India.

Carzonrent will offer Mahindra e2o for self-drive in New Delhi, Bengaluru and Mumbai at most economical price ever. Each city will have a fleet size of five e2o’s to begin with and the service will be expanded to all metropolitan cities.

Carzonrent has been a pioneer in offering Self Drive services across major Indian cities along with inter-city, intra-city, outstation and international car rental services. Carzonrent has deployed a comprehensive range of cars under these services and offers transparent pricing through its online booking engine and national reservation center.

Mahindra & Mahindra Share Price

3250.20 30.65 (0.95%)

21-Apr-2026 11:05 View Price Chart

Peers

Company Name	CMP
Tata MotorsPassenger	357.75
Maruti Suzuki	13501.05
Mahindra & Mahindra	3250.20
Hyundai Motor India	1898.35
Mercury Metals	35.00
View more..

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M&M gains as arm enters into strategic partnership with Carzonrent

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