Mahindra & Mahindra Ltd.

BSE: 500520 | NSE: M&M
Large Cap | Automobiles - Passenger Cars
3123.65
40.15 (1.30%)
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M&M inches up on unveiling new eight-seat variant of Marazzo

Date: 15-01-2019

Mahindra & Mahindra (M&M) is currently trading at Rs. 727.10, up by 2.60 points or 0.36% from its previous closing of Rs. 724.50 on the BSE.

The scrip opened at Rs. 729.00 and has touched a high and low of Rs. 729.00 and Rs. 725.20 respectively. So far 602 shares were traded on the counter.

The BSE group 'A' stock of face value Rs. 5 has touched a 52 week high of Rs. 992.00 on 30-Aug-2018 and a 52 week low of Rs. 695.20 on 11-Dec-2018.

Last one week high and low of the scrip stood at Rs. 737.50 and Rs. 715.20 respectively. The current market cap of the company is Rs. 90076.68 crore.

The promoters holding in the company stood at 21.61%, while Institutions and Non-Institutions held 55.38% and 23.02% respectively.

Mahindra & Mahindra (M&M) has unveiled a new variant of multi-purpose vehicle Marazzo with an eight-seat option. The new version will cost Rs 8,000 more than the M8 seven-seater version, which is tagged at Rs 13.9 lakh (ex-showroom).

The new variant comes with various features like a seven-inch touch screen infotainment system, reverse parking camera with dynamic guidelines and 17-inch alloy wheels.

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.