58.20 (1.87%) Mahindra & Mahindra (M&M) will bid for the second stage of the tender for supplying 9,500 electric vehicles (EVs) to state-run Energy Efficiency Services (EESL). The order for the second phase will be issued after the completion of deliveries of 500 EVs in the first phase by November 30.
Mahindra & Mahindra (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.