Mahindra & Mahindra surges on bagging prestigious order for a fleet of over 630 vehicles

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

18 Nov 2013 Evaluate

Mahindra & Mahindra is currently trading at Rs 932.15, up by 6.80 points or 0.73% from its previous closing of Rs 925.35 on the BSE.

The scrip opened at Rs 927.05 and has touched a high and low of Rs 933.20 and Rs 927.05 respectively.

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 929.00 and Rs 860.25 respectively. The current market cap of the company is Rs 56991.60 crore.

The promoters holding in the company stood at 25.26% while Institutions and Non-Institutions held 52.43% and 17.34% respectively.

Mahindra & Mahindra (M&M) has been awarded a prestigious order by the Government of India (GOI) for a fleet of over 630 vehicles. These would be purchased by the GOI for gifting to the Government of Nepal as a support for the upcoming Constitutional Assembly elections and will be delivered to the Election Commission in Nepal and the Home Ministry. The elections are planned to be held in Nepal on November 19, 2013.

This fleet of vehicles is a symbol of support from the Indian Government to strengthen security during the election period. These Mahindra vehicles would be utilized by the Security Forces, Nepal Police, Armed Police Force and as part of the convoy.

M&M has a strong brand presence in Nepal with its commercial Pik up trucks, buses, trucks, utility vehicles and SUV models like the Scorpio, Bolero and now XUV500.

Mahindra & Mahindra Share Price

3137.90 -35.35 (-1.11%)

03-Jul-2026 16:59 View Price Chart

Peers

Company Name	CMP
Tata MotorsPassenger	344.15
Maruti Suzuki India	14364.50
Mahindra & Mahindra	3137.90
Hyundai Motor India	1993.25
Mercury Ev-Tech	35.27
View more..

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