Mahindra & Mahindra Ltd.

Mahindra & Mahindra (M&M) is currently trading at Rs. 1372.95, up by 1.90 points or 0.14% from its previous closing of Rs. 1371.05 on the BSE.

The scrip opened at Rs. 1372.00 and has touched a high and low of Rs. 1376.55 and Rs. 1372.00 respectively.

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. 1427.00 and Rs. 1368.35 respectively. The current market cap of the company is Rs. 85,369.00 crore.

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

Mahindra & Mahindra has agreed to acquire the European two-wheeler subsidiary company of Mahindra Two Wheelers for euro 26.3 million (about Rs 197 crore). The company has agreed to acquire 14.9 million equity shares aggregating 100 percent of share capital of Mahindra Two Wheelers Europe Holdings (MTWL-Europe), a subsidiary of M&M. MTWL-Europe holds investment in a two-wheeler company in Europe which is Peugeot Motorcycle SAS.

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.