M&M gains on planning to launch XUV 3XO on April 29
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Mahindra & Mahindra is currently trading at Rs. 2019.35, up by 16.90 points or 0.84% from its previous closing of Rs. 2002.45 on the BSE.
The scrip opened at Rs. 1995.00 and has touched a high and low of Rs. 2025.80 and Rs. 1993.75 respectively. So far 5285 shares were traded on the counter.
The BSE group 'A' stock of face value Rs. 5 has touched a 52 week high of Rs. 2,025.80 on 05-Apr-2024 and a 52 week low of Rs. 1148.30 on 06-Apr-2023.
Last one week high and low of the scrip stood at Rs. 2025.80 and Rs. 1891.30 respectively. The current market cap of the company is Rs. 249010.43 crore.
The promoters holding in the company stood at 19.32%, while Institutions and Non-Institutions held 67.20% and 13.48% respectively.
Mahindra & Mahindra (M&M) has unveiled the name of its much-anticipated SUV, the XUV 3XO (pronounced as XUV-three-exoh). Its global debut on April 29 will set a new precedent in the category, embodying the sophistication and modern technology that the XUV brand DNA is celebrated for.
It seamlessly integrates thrilling performance, cutting-edge technology, unmissable design, and unparalleled safety to cater to the aspirations of urban drivers. With triple the appeal in each journey it surpasses expectations in all facets of SUV ownership.
The XUV 3XO resonates with the ambitions of those on the rise, its name playfully mirroring the executive heights denoted by ‘CXO’. With its segment-leading features, this SUV is for those who demand excellence in every aspect of their lives. The new XUV 3XO will be manufactured at the company’s manufacturing facility in Nashik, Maharashtra.
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.
