Mahindra & Mahindra Ltd.

Mahindra & Mahindra (M&M) is currently trading at Rs. 729.05, up by 6.30 points or 0.87% from its previous closing of Rs. 722.75 on the BSE.

The scrip opened at Rs. 722.15 and has touched a high and low of Rs. 732.70 and Rs. 722.10 respectively. So far 42263 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. 732.70 and Rs. 697.00 respectively. The current market cap of the company is Rs. 44851.29 crore.

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

Mahindra Two Wheelers (MTWL), a part of the $15.4 billion M&M Group, is eyeing a turnover of Rs 20,000 crore by 2020. Also, the two wheeler market that is slated to grow to 30 million units a year by 2020, the company is eyeing to sell 3-4 million units.

Besides, M&M has opened a new R&D centre for two-wheelers in Pune, with the investment of Rs 100 crore. The R&D center has 175 engineers and designers. It aims to spend around Rs 500 crore over the next five years on this center.

Mahindra & Mahindra is the flagship company of the Mahindra Group. The company’s core automotive and farm equipment businesses have grown into market leaders whose triple bottom line ethic is driving industry trends towards technological innovation, social responsibility, and constantly improving customer satisfaction.