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Mahindra & Mahindra rides high on expanding XUV300 line-up with new variants
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Mahindra & Mahindra is currently trading at Rs. 1549.50, up by 3.90 points or 0.25% from its previous closing of Rs. 1545.60 on the BSE.
The scrip opened at Rs. 1559.45 and has touched a high and low of Rs. 1559.45 and Rs. 1533.30 respectively. So far 25523 shares were traded on the counter.
The BSE group 'A' stock of face value Rs. 5 has touched a 52 week high of Rs. 1594.85 on 13-Jul-2023 and a 52 week low of Rs. 1124.00 on 28-Mar-2023.
Last one week high and low of the scrip stood at Rs. 1559.45 and Rs. 1480.40 respectively. The current market cap of the company is Rs. 192324.17 crore.
The promoters holding in the company stood at 19.37%, while Institutions and Non-Institutions held 67.08% and 13.55% respectively.
Mahindra & Mahindra (M&M) has broadened the appeal of its acclaimed XUV300 SUV, offering greater accessibility for enthusiasts. The introduction of the petrol-exclusive W2 variant provides an enticing entry point into the XUV300 range, priced at Rs 7.99 lakh. This variant offers an exceptional blend of value and performance, making it an ideal choice for those looking for an authentic and sporty SUV.
In a move to extend exhilarating performance to a wider audience, Mahindra has also introduced the W4 TurboSport variant, equipped with the sporty, high-performance 1.2 L mStallion TGDi petrol engine. Previously, this powertrain was exclusive to variants from W6 onwards. Now, with the W4 TurboSport, thrillennial buyers can experience the thrill of 0-60 km/h in 5 seconds, courtesy 230 Nm of torque and 96 kW of power.
In addition to the above, Mahindra has enhanced the W4 variant line with a sunroof, available on both petrol and diesel models. This further solidifies the XUV300's position as a sporty SUV offering maximum value, performance, and features to enthusiasts.
Mahindra & Mahindra 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.
