Mahindra & Mahindra Ltd.

Mahindra & Mahindra is currently trading at Rs. 897.00, up by 12.70 points or 1.44% from its previous closing of Rs. 884.30 on the BSE.

The scrip opened at Rs. 881.00 and has touched a high and low of Rs. 897.30 and Rs. 881.00 respectively. So far 41,000 shares were traded on the counter.

The BSE group 'A' stock of face value Rs. 5 has touched a 52 week high of Rs. 974.80 on 10-Jan-2013 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. 900.15 and Rs. 876.00 respectively. The current market cap of the company is Rs. 55,074 crore.

The promoters holding in the company stood at 25.30% while Institutions and Non-Institutions held 49.26% and 19.99% respectively.

Mahindra Two-Wheelers, the two wheeler making arm of the Mahindra Group, continues to expand its portfolio by launching affordable version of its popular Rodeo RZ scooter -- Rodeo RZ Std -- at a very attractive launch price.

The new Rodeo RZ Std comes with the same advanced Z-Series engine, recently developed at the company’s state-of-the-art R&D centre in Pune. Recently, the company has launched the Mahindra Pantero and the Mahindra Centuro, which are expected to hit the market soon.

The company’s cumulative scooter sales from April 2012 to January 2013 stood at 92,143 units. Scooter sales in January were 7,036 units.