M&M gains as its Farm Equipment Sector reports 4% rise in November tractor sales
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Mahindra & Mahindra is currently trading at Rs. 2994.15, up by 25.20 points or 0.85% from its previous closing of Rs. 2968.95 on the BSE.
The scrip opened at Rs. 3009.95 and has touched a high and low of Rs. 3009.95 and Rs. 2964.20 respectively. So far 53052 shares were traded on the counter.
The BSE group 'A' stock of face value Rs. 5 has touched a 52 week high of Rs. 3221.10 on 27-Sep-2024 and a 52 week low of Rs. 1575.25 on 24-Jan-2024.
Last one week high and low of the scrip stood at Rs. 3148.05 and Rs. 2892.70 respectively. The current market cap of the company is Rs. 370919.78 crore.
The promoters holding in the company stood at 18.54%, while Institutions and Non-Institutions held 68.30% and 13.15% respectively.
Mahindra & Mahindra’s (M&M) Farm Equipment Sector (FES) has reported 4% rise in total tractor sales (Domestic + Exports) during November 2024 at 33,378 units, as against 32,074 units for the same period last year. Exports for the month stood at 1,632 units. Domestic sales in November 2024 were at 31,746 units, as against 31,069 units during November 2023, increasing by 2%.
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.
