Mahindra & Mahindra Ltd.

BSE: 500520 | NSE: M&M
Large Cap | Automobiles - Passenger Cars
3159.35
30.20 (0.97%)
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M&M gains as arm inaugurates its first multi-brand car workshop in Aurangabad

Date: 29-10-2014

M&M is currently trading at Rs. 1304.85, up by 31.05 points or 2.44% from its previous closing of Rs. 1273.80 on the BSE.

The scrip opened at Rs. 1288.40 and has touched a high and low of Rs. 1306.00 and Rs. 1285.10 respectively. So far 29,000 shares were traded on the counter.

The BSE group 'A' stock of face value Rs. 5 has touched a 52 week high of Rs. 1421.00 on 04-Sep-2014 and a 52 week low of Rs. 847.00 on 04-Feb-2014.

Last one week high and low of the scrip stood at Rs. 1306.00 and Rs. 1239.85 respectively. The current market cap of the company is Rs. 81,043.00 crore.

The promoters holding in the company stood at 25.78% while Institutions and Non-Institutions held 56.61% and 12.28% respectively.

Mahindra First Choice Services (MFCS), a wholly owned subsidiary of Mahindra & Mahindra, has expanded its all India network to 37 with the inauguration of a Franchisee Owned Franchisee Operated (FOFO) workshop in Aurangabad. Sohamm Motors (new workshop) is located at Plot No C-27, MIDC, Chikhal Thana, Aurangabad.

The new workshop will live up to the MFCS brand promise and offer quality services to car owners through skilled technicians, quality spare parts, state-of-the art equipment, robust processes, free pick up and drop facility and an opportunity to book services online.

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.