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23-02-2024 11:02 AM | Source: Accord Fintech
Mahindra & Mahindra rises on launching new `Scorpio-N Z8 Select` variant

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Mahindra & Mahindra is currently trading at Rs. 1919.00, up by 10.40 points or 0.54% from its previous closing of Rs. 1908.60 on the BSE.

The scrip opened at Rs. 1939.90 and has touched a high and low of Rs. 1939.90 and Rs. 1901.50 respectively. So far 16301 shares were traded on the counter.

The BSE group 'A' stock of face value Rs. 5 has touched a 52 week high of Rs. 1,939.90 on 23-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. 1939.90 and Rs. 1820.00 respectively. The current market cap of the company is Rs. 237874.63 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 the ‘Scorpio-N Z8 Select’ variant, a significant addition to its acclaimed Scorpio-N Z8 premium range. The SUV combines design, performance, and technology, thereby redefining excellence within the Scorpio-N lineage. Alongside the Z8 and Z8L variants, each known for their unique features, the ‘Z8 Select’ variant stands out in the segment, starting at an attractive price of Rs 16.99 lakh.

The ‘Scorpio-N Z8 Select’ is meticulously crafted with key premium features like Adrenox Connect, Built-in Alexa, signature dual barrel LED headlamps, LED Projector Foglamps and Sting-like LED DRLs, R17 Diamond cut Alloy wheels, rich coffee-black leatherette interiors at an attractive price point. Available in both petrol and diesel engine options, as well as Automatic (AT) and Manual Transmission (MT) configurations, the ‘Scorpio-N Z8 Select’ is designed to cater to a wide array of driving preferences and requirements, making it a versatile choice for SUV enthusiasts.

With the introduction of the ‘Scorpio-N Z8 Select’ variant, the company continues to dominate the SUV market by providing a feature-rich, accessible, and versatile SUV that prioritises customer satisfaction and value.

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.