Mahindra & Mahindra Ltd.

Mahindra & Mahindra (M&M) is currently trading at Rs. 690.50, up by 17.65 points or 2.62% from its previous closing of Rs. 672.85 on the BSE.

The scrip opened at Rs. 672.20 and has touched a high and low of Rs. 699.00 and Rs. 672.20 respectively. So far 201376 shares were traded on the counter.

The BSE group 'A' stock of face value Rs. 5 has touched a 52 week high of Rs. 874.75 on 28-Oct-2011 and a 52 week low of Rs. 585.10 on 28-Feb-2011.

Last one week high and low of the scrip stood at Rs. 704.20 and Rs. 661.25 respectively. The current market cap of the company is Rs. 42686.60 crore.

The promoters holding in the company stood at 25.34% while Institutions and Non-Institutions held 46.61% and 22.30% respectively.

Mahindra & Mahindra (M&M), India’s leading SUV manufacturer, has reported 22% rise in its auto sales numbers, which stood at 44717 units during January 2012 as against 36718 units during January 2011. The company’s domestic sales stood at 41369 units during January 2012, as against 34601 units during January 2011, an increase of 20%.

Exports have grown by an impressive 95% at 3348 units while the 4-wheeler commercial segment which includes the passenger and load categories has registered a growth of 35% at 13725 units.

M&M’s net profit after tax for the September quarter marginally declined by 2.78% of Rs 737.38 crore as compared to Rs 758.49 crore for September quarter of the year 2010. The company’s total income increased by 34.75% at Rs 7592.14 crore for Q2FY12 as compared to Rs 5634.13 crore for the corresponding quarter of the previous year.