Mahindra & Mahindra trades higher on selling over 1 lakh Bolero SUVs in FY 2023
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Mahindra & Mahindra is currently trading at Rs. 1208.90, up by 1.15 points or 0.10% from its previous closing of Rs. 1207.75 on the BSE.
The scrip opened at Rs. 1213.95 and has touched a high and low of Rs. 1214.95 and Rs. 1199.20 respectively. So far 26117 shares were traded on the counter.
The BSE group 'A' stock of face value Rs. 5 has touched a 52 week high of Rs. 1396.00 on 16-Feb-2023 and a 52 week low of Rs. 854.45 on 12-May-2022.
Last one week high and low of the scrip stood at Rs. 1224.60 and Rs. 1195.65 respectively. The current market cap of the company is Rs. 150665.95 crore.
The promoters holding in the company stood at 19.37%, while Institutions and Non-Institutions held 66.96% and 13.66% respectively.
Mahindra & Mahindra (M&M) has crossed 1 lakh mark in sales of its Bolero SUV in FY 2023, marking a significant milestone. Since its introduction in 2000, the Bolero has sold over 1,400,000 units, a true testament to its unmatched value proposition, exceptional performance capability, and striking stance. These records showcase Bolero's flourishing popularity and demand in the market.
With a rich heritage spanning over 20 years, the Mahindra Bolero has won the hearts of millions of customers all over India. The Bolero SUV has become an integral part of so many families in India, with its tough, versatile, and dependable nature making it the go-to choice for individuals and families alike, earning its place as a trusted companion in India's heartland.
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.
