Mahindra & Mahindra Ltd.

BSE: 500520 | NSE: M&M
Large Cap | Automobiles - Passenger Cars
3083.50
-9.35 (-0.30%)
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M&M inches up on the BSE

Date: 17-06-2019

Mahindra & Mahindra is currently trading at Rs. 637.30, up by 1.75 points or 0.28% from its previous closing of Rs. 635.55 on the BSE.

The scrip opened at Rs. 639.50 and has touched a high and low of Rs. 641.00 and Rs. 633.10 respectively. So far 15950 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. 649.30 and Rs. 628.10 respectively. The current market cap of the company is Rs. 79627.56 crore.

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

Mahindra Partners, the $1 billion Private Equity division of the Mahindra Group, has launched TEQO, a technology driven asset care company that offers optimization solutions for renewable energy customers in India and globally. Mahindra Partners currently manages the Group’s cleantech division, including Mahindra Susten, which is India’s leading solar EPC Company.

The name TEQO is derived from three words, Technology, Quality and Operations and reflects the company’s aspiration to deliver a comprehensive, technology-enabled, asset management solution. TEQO enables renewable energy asset owners to maximize their returns by leveraging advanced technologies, including Machine Learning, Artificial Intelligence, IoT, Big Data, Robotics, Augmented Reality and Natural Language Processing.

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.