30.20 (0.97%) Mahindra & Mahindra is currently trading at Rs. 1255.90, up by 6.10 points or 0.50% from its previous closing of Rs. 1219.80 on the BSE.
The scrip opened at Rs. 1250.00 and has touched a high and low of Rs. 1250.00 and Rs. 1219.00 respectively. So far 1,451 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. 1265.00 and Rs. 1200.40 respectively. The current market cap of the company is Rs. 76,083.00 crore.
The promoters holding in the company stood at 25.78% while Institutions and Non-Institutions held 56.61% and 12.28% respectively.
Mahindra & Mahindra’s (M&M) business unit - Mahindra First Choice Wheels (MFCWL), multi-brand certified used car company, has inaugurated its 400th outlet in Dwarka in Delhi NCR. This is the company’s 34th dealership in Delhi NCR and the 137th in North India.
MFCWL is the market leader in the online auction space, having sold more than 1.5 lakh vehicles through the ‘eDiig’ auction platform. The company has a network of 399 franchise outlets spread across 220 locations in the country which includes metros, mini metros and smaller towns. The company is growing at a scorching pace with a CAGR of 35% by volumes over the last 5 years.