Mahindra & Mahindra gains on introducing two new variants of XUV700
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Mahindra & Mahindra is currently trading at Rs. 845.75, up by 2.85 points or 0.34% from its previous closing of Rs. 842.90 on the BSE.
The scrip opened at Rs. 845.00 and has touched a high and low of Rs. 854.70 and Rs. 843.10 respectively. So far 32456 shares were traded on the counter.
The BSE group 'A' stock of face value Rs. 5 has touched a 52 week high of Rs. 952.15 on 08-Feb-2021 and a 52 week low of Rs. 587.30 on 30-Oct-2020.
Last one week high and low of the scrip stood at Rs. 854.70 and Rs. 788.00 respectively. The current market cap of the company is Rs. 105230.03 crore.
The promoters holding in the company stood at 19.46%, while Institutions and Non-Institutions held 66.24% and 14.30% respectively.
Mahindra & Mahindra (M&M) has introduced two new variants of XUV700 i.e. AX7 Luxury - MT (7-Seater) and AX7 Luxury - AT + AWD (7-Seater). The price of AX7 Luxury - MT will be Rs 19.99 lakh and price of AX7 Luxury - AT + AWD will be Rs 22 .89 lakh. These prices will be applicable for the first 25000 bookings. Bookings will commence from October 07, 2021.
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.
