Mahindra & Mahindra Ltd.

Mahindra & Mahindra is currently trading at Rs. 655.30, up by 1.40 points or 0.21% from its previous closing of Rs. 653.90 on the BSE.

The scrip opened at Rs. 656.80 and has touched a high and low of Rs. 659.50 and Rs. 651.10 respectively. So far 25629 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. 598.00 on 16-May-2019.

Last one week high and low of the scrip stood at Rs. 677.00 and Rs. 635.10 respectively. The current market cap of the company is Rs. 81697.50 crore.

The promoters holding in the company stood at 21.51%, while Institutions and Non-Institutions held 54.93% and 23.56% respectively.

Mahindra & Mahindra (M&M) is ready to launch its BS VI compliant vehicles next year and will be rolling out the petrol range in 2019 itself. The company has invested Rs 1,000 crore for transition to BS-VI norms.

The Bharat Stage VI (or BS-VI) emission norms would come into force from April 1, 2020 across the country. Currently, the vehicles sold in the country conform to BS-IV emission standards.

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.