01-01-1970 12:00 AM | Source: ACCCORD FINTECH
Mahindra & Mahindra surges on launching Scorpio Classic
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Mahindra & Mahindra is currently trading at Rs. 1281.15, up by 21.45 points or 1.70% from its previous closing of Rs. 1259.70 on the BSE.

The scrip opened at Rs. 1277.00 and has touched a high and low of Rs. 1298.80 and Rs. 1277.00 respectively. So far 77220 shares were traded on the counter.

The BSE group 'A' stock of face value Rs. 5 has touched a 52 week high of Rs. 1,298.80 on 16-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. 1298.80 and Rs. 1242.00 respectively. The current market cap of the company is Rs. 159228.10 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 Scorpio Classic, a new avatar of its iconic brand Scorpio. Over 20 years, the Scorpio has attained legendary status and represented the tough and authentic DNA of Mahindra SUVs. To celebrate this monumental achievement of two decades, Mahindra has launched the Scorpio Classic, which retains the silhouette of the original and is offered now with refreshed looks, contemporary interiors, and a new powerful engine, among others.

The Scorpio brand has evolved over time to address the customer needs and remains the popular choice amongst enthusiasts who look for a tough, powerful, and capable ‘authentic’ SUV. The Scorpio Classic will continue to demonstrate its traits of standout design, unmissable presence, and powerful performance.

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.