Mahindra & Mahindra Ltd.

BSE: 500520 | NSE: M&M
Large Cap | Automobiles - Passenger Cars
3131.05
47.55 (1.54%)
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M&M shines as its Farm Equipment Sector launches Yuvo in Madhya Pradesh

Date: 13-04-2016

Mahindra & Mahindra is currently trading at Rs. 1345.90, up by 105.15 points or 8.47% from its previous closing of Rs. 1240.75 on the BSE.

The scrip opened at Rs. 1259.00 and has touched a high and low of Rs. 1349.00 and Rs. 1254.45 respectively. So far 234337 shares were traded on the counter.

The BSE group 'A' stock of face value Rs. 5 has touched a 52 week high of Rs. 1441.45 on 07-Aug-2015 and a 52 week low of Rs. 1092.00 on 12-Feb-2016.

Last one week high and low of the scrip stood at Rs. 1394.00 and Rs. 1207.00 respectively. The current market cap of the company is Rs. 83381.65 crore.

The promoters holding in the company stood at 27.11% while Institutions and Non-Institutions held 59.22% and 13.68% respectively.

Mahindra & Mahindra’s (M&M) Farm Equipment Sector has launched new range of tractor Yuvo in Madhya Pradesh. The Yuvo range comes in five models - 265 DI (32HP), 275 DI (35HP), 415 DI (40HP), 475 DI (42 HP), and 575 DI (45 HP). It will be available in 15 states at a starting price of Rs. 4.57 lakh for 265 DI (32HP) in Bhopal.

Yuvo offers many new technology features to farmers in the country, who are looking for tractors in 30-45 Horse Power (HP) range. Yuvo is designed to deliver superior performance in farming operations in any soil condition and offers versatility to carry out over 30 applications, thus making it ideal for using in any part of the country.

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.