Mahindra & Mahindra catches speed on launching 'New Bolero City Pik-Up' in West Bengal
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Mahindra & Mahindra is currently trading at Rs. 950.85, up by 22.40 points or 2.41% from its previous closing of Rs. 928.45 on the BSE.
The scrip opened at Rs. 945.60 and has touched a high and low of Rs. 956.90 and Rs. 922.65 respectively. So far 115950 shares were traded on the counter.
The BSE group 'A' stock of face value Rs. 5 has touched a 52 week high of Rs. 978.90 on 17-Nov-2021 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. 960.40 and Rs. 905.10 respectively. The current market cap of the company is Rs. 117736.55 crore.
The promoters holding in the company stood at 19.47%, while Institutions and Non-Institutions held 66.16% and 14.37% respectively.
Mahindra & Mahindra (M&M) has launched the ‘New Bolero City Pik-Up’, an addition to its existing ‘Pik-Up’ range, in West Bengal. The new model boasts of best-in-class mileage, segment leading payload capacity and cargo width, and best-in-class engine torque. Additionally, the model scores high on easy manoeuvrability on narrow and crowded city roads, owing to the shorter bonnet resulting in comparatively lower turn radius. All these factors combined render the New Bolero City Pik-Up best suited for intra-city applications. The New Bolero City Pik-Up is available at an attractive price of Rs 7.96 Lakh (ex-showroom, Kolkata).
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.
