Mahindra & Mahindra gains on launching new Jeeto Plus CNG `CharSau`
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Mahindra & Mahindra is currently trading at Rs. 1277.00, up by 9.60 points or 0.76% from its previous closing of Rs. 1267.40 on the BSE.
The scrip opened at Rs. 1275.15 and has touched a high and low of Rs. 1278.40 and Rs. 1270.90 respectively. So far 3008 shares were traded on the counter.
The BSE group 'A' stock of face value Rs. 5 has touched a 52 week high of Rs. 1280.00 on 10-Aug-2022 and a 52 week low of Rs. 671.00 on 08-Mar-2022.
Last one week high and low of the scrip stood at Rs. 1280.00 and Rs. 1231.75 respectively. The current market cap of the company is Rs. 157562.22 crore.
The promoters holding in the company stood at 19.45%, while Institutions and Non-Institutions held 66.94% and 13.61% respectively.
Mahindra & Mahindra (M&M) has launched the ‘New Jeeto Plus CNG CharSau’, an addition to its existing Jeeto Plus range that promises to set new standards in fuel efficiency and mileage. Competitively priced at Rs 5.26 lakh (ex-showroom, Pune), the New Jeeto Plus CNG CharSau has been developed to cater to the evolving last-mile connectivity and logistics needs of transporters.
It comes equipped with a range of stand-out features that makes it a perfect fit for the business requirements of small and medium-scale businessmen and traders across India who offer last-mile transportation solutions.
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.
