20-02-2024 03:10 PM | Source: Accord Fintech
Mahindra &Mahindra rides high on launching new variants of Bolero MaXX Pik-Up range

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Mahindra & Mahindra is currently trading at Rs. 1851.55, up by 2.70 points or 0.15% from its previous closing of Rs. 1848.85 on the BSE.

The scrip opened at Rs. 1845.55 and has touched a high and low of Rs. 1860.00 and Rs. 1820.05 respectively. So far 96183 shares were traded on the counter.

The BSE group 'A' stock of face value Rs. 5 has touched a 52 week high of Rs. 1864.65 on 16-Feb-2024 and a 52 week low of Rs. 1124.00 on 28-Mar-2023.

Last one week high and low of the scrip stood at Rs. 1864.65 and Rs. 1625.00 respectively. The current market cap of the company is Rs. 229580.29 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 launched new variants of Bolero MaXX Pik-Up range. This latest addition aims to offer enhanced comfort to customers through the inclusion of air conditioning and the introduction of 14 new features on the iMaxx app. The Bolero MaXX Pik-Up range, characterised by its compact, and versatile design, sets unprecedented standards in payload capacity, fuel efficiency, safety, and overall driving experience.

Since its debut, the Bolero MaXX range has marked significant milestones, surpassing 1.4 Lakh units sold, while achieving the 1 Lakh production milestone in record time, setting a new benchmark in the commercial load segment. Additionally, the accomplishment of delivering the highest number of units in a single day garnered notable recognition in the esteemed India Book of Records.

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.