Mahindra & mahindra moves up on reporting over 2-fold jump in domestic passenger vehicles in September
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Mahindra & Mahindra is currently trading at Rs. 1268.20, up by 16.70 points or 1.33% from its previous closing of Rs. 1251.50 on the BSE.
The scrip opened at Rs. 1266.00 and has touched a high and low of Rs. 1277.90 and Rs. 1262.95 respectively. So far 16474 shares were traded on the counter.
The BSE group 'A' stock of face value Rs. 5 has touched a 52 week high of Rs. 1365.90 on 09-Sep-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. 1282.35 and Rs. 1212.00 respectively. The current market cap of the company is Rs. 157599.52 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 reported over 2-fold jump in domestic passenger vehicles sales at 34,508 units in September 2022. The company had sold 13,134 units in the same month last year. Exports for the month were at 2,538 vehicles. In the Commercial Vehicles segment, Mahindra sold 21,666 vehicles in September 2022.
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.
