Mahindra & Mahindra Ltd.

Mahindra & Mahindra (M&M) is currently trading at Rs. 1413.00, up by 3.25 points or 0.23% from its previous closing of Rs. 1409.75 on the BSE.

The scrip opened at Rs. 1409.75 and has touched a high and low of Rs. 1416.70 and Rs. 1403.30 respectively. So far 19534 shares were traded on the counter.

The BSE group 'A' stock of face value Rs. 5 has touched a 52 week high of Rs. 1508.80 on 09-Aug-2016 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. 1434.00 and Rs. 1396.05 respectively. The current market cap of the company is Rs. 87574.03 crore.

The promoters holding in the company stood at 25.41%, while institutions and non-institutions held 55.73% and 13.65% respectively.

M&M has reportedly unveiled a special edition of the Gusto 110 scooter. The launch of the special edition variant of the 110cc scooter is an attempt at cashing in the upcoming festive season. The special edition scooter will come in two unique shades -- Pacific Matt Blue and Crimson Matt Red and will be costlier by around Rs 2000 than the standard VX variant and will cost Rs 52,100. Mahindra dealerships will soon commence bookings for the scooter.

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.