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Indian-Commodity  :  Equity & Shares  :  M&M catches speed on the bourses

M&M catches speed on the bourses (14-Jul-2017)

Mahindra & Mahindra (M&M) is currently trading at Rs. 1380.95, up by 10.25 points or 0.75% from its previous closing of Rs. 1370.70 on the BSE.

The scrip opened at Rs. 1372.20 and has touched a high and low of Rs. 1382.00 and Rs. 1370.70 respectively. So far 39199 shares were traded on the counter.

The BSE group 'A' stock of face value Rs. 5 has touched a 52 week high of Rs. 1508.80 on 09-Aug-2016 and a 52 week low of Rs. 1141.80 on 02-Dec-2016.

Last one week high and low of the scrip stood at Rs. 1396.00 and Rs. 1351.50 respectively. The current market cap of the company is Rs. 85464.13 crore.

The promoters holding in the company stood at 26.69%, while institutions and non-institutions held 57.66% and 15.66% respectively.

M&M has launched Jeeto Minivan in domestic market on July 13, 2017 to redefine last mile transportation. It offers a range of five variants with superior performance, unmatched comfort and enhanced safety. The company has competitively priced it at Rs 3.45 lakh (ex-showroom Mumbai, BS4 diesel variant) and will be available in two body forms, namely hard top and semi hard top and 3 fuel variants, including diesel, petrol and CNG.

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.


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