Mahindra & Mahindra Ltd.

Mahindra & Mahindra is currently trading at Rs. 710.05, up by 3.15 points or 0.45% from its previous closing of Rs. 706.90 on the BSE.

The scrip opened at Rs. 710.50 and has touched a high and low of Rs. 715.00 and Rs. 702.00 respectively. So far 87787 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. 621.75 on 18-May-2012.

Last one week high and low of the scrip stood at Rs. 715.00 and Rs. 685.05 respectively. The current market cap of the company is Rs. 43611.05 crore.

The promoters holding in the company stood at 25.26% while Institutions and Non-Institutions held 47.21% and 21.95% respectively.

Mahindra & Mahindra, country’s largest vehicle marker has registered 16.12% increase in its sales for June at 41,322 units against 35,584 units in the same month last year. The domestic sales stood at 38,951 units during the month against 33,772 units in June 2011, up 15%.

The passenger vehicles segment which includes the SUVs and Verito reported a growth of 23% at 19,792 units against 16,053 units in the year-ago period. Exports in June this year grew 31% to 2,371 units compared to 1,812 units in the same month last year. 

M&M operates in the key industries that drive economic growth, enjoying a leadership position in tractors, utility vehicles, information technology and vacation ownership. Mahindra has a presence in the automotive industry, agribusiness, aerospace, components, consulting services, defence, energy, financial services, industrial equipment, logistics, real estate, retail, steel and two wheelers.