30-04-2024 03:24 PM | Source: Accord Fintech
Mahindra & Mahindra shines on launching XUV 3XO

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Mahindra & Mahindra is currently trading at Rs. 2161.55, up by 98.70 points or 4.78% from its previous closing of Rs. 2062.85 on the BSE.

The scrip opened at Rs. 2073.15 and has touched a high and low of Rs. 2166.00 and Rs. 2073.15 respectively. So far 163053 shares were traded on the counter.

The BSE group 'A' stock of face value Rs. 5 has touched a 52 week high of Rs. 2,166.00 on 30-Apr-2024 and a 52 week low of Rs. 1208.90 on 05-May-2023.

Last one week high and low of the scrip stood at Rs. 2166.00 and Rs. 2001.00 respectively. The current market cap of the company is Rs. 268428.13 crore.

The promoters holding in the company stood at 18.59% while Institutions and Non-Institutions held 67.94% and 13.46% respectively.

Mahindra & Mahindra has launched the XUV 3XO, with prices starting from Rs 7.49 lakh. Setting new benchmarks in the compact SUV segment, the XUV 3XO combines standout design, premium interiors, comfortable ride, cutting-edge technology, thrilling performance and unmatched safety. The XUV 3XO represents Mahindra's commitment to innovation and excellence, culminating in an SUV that truly represents #EverythingYouWantAndMore.

The XUV 3XO was conceptualised at the Mahindra India Design Studio (MIDS) in Mumbai, and engineered and developed at the Mahindra Research Valley (MRV) near Chennai. The XUV 3XO represents the world-class capabilities of Mahindra’s global design and engineering team. Built at Mahindra's state-of-the-art facility in Nashik using advanced manufacturing processes, it offers customers a high-quality SUV that is robust and engineered to last.

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.