Mahindra & Mahindra trades in green on logging 25% growth in overall auto sales during April
Follow us Now on Telegram ! Get daily 10 - 12 important updates on Business, Finance and Investment. Join our Telegram Channel
https://t.me/InvestmentGuruIndiacom
Download Telegram App before Joining the Channel
Mahindra & Mahindra is currently trading at Rs. 925.05, up by 3.05 points or 0.33% from its previous closing of Rs. 922.00 on the BSE.
The scrip opened at Rs. 916.80 and has touched a high and low of Rs. 933.10 and Rs. 910.80 respectively. So far 36320 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. 942.90 and Rs. 895.05 respectively. The current market cap of the company is Rs. 115492.59 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’s (M&M) overall auto sales for the month of April 2022 stood at 45640 vehicles. In the Utility Vehicles segment, Mahindra sold 22168 vehicles in April 2022. The Passenger Vehicles segment (which includes UVs, Cars and Vans) sold 22526 vehicles in April 2022. Exports for the month were at 2703 vehicles. In the Commercial Vehicles segment, Mahindra sold 17402 vehicles in April 2022 with growth of 23%.
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.
