19-04-2024 12:40 PM | Source: Accord Fintech
Mahindra & Mahindra trades higher on unveiling Bolero Neo+

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Mahindra & Mahindra is currently trading at Rs. 2059.85, up by 35.70 points or 1.76% from its previous closing of Rs. 2024.15 on the BSE.

The scrip opened at Rs. 2029.20 and has touched a high and low of Rs. 2061.15 and Rs. 1998.85 respectively. So far 29616 shares were traded on the counter.

The BSE group 'A' stock of face value Rs. 5 has touched a 52 week high of Rs. 2108.85 on 10-Apr-2024 and a 52 week low of Rs. 1195.65 on 24-Apr-2023.

Last one week high and low of the scrip stood at Rs. 2087.20 and Rs. 1998.85 respectively. The current market cap of the company is Rs. 256098.55 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 (M&M) has unveiled the Bolero Neo+ 9-seater, offered in two variants - the P4 and the premium P10. This SUV is tailored for customers desiring a stylish, spacious, and tough SUV that comfortably accommodates up to 9 passengers including the driver.

The Bolero Neo+ 9-seater builds on the dependable, powerful, and go-anywhere character of the Bolero, combined with the stylish bold design, premium interiors, and technology of the Neo. The SUV offers customers a unique proposition catering to large families, institutional customers, tour and travel operators, and contractors who lease vehicles to companies.

Competitively priced starting at Rs 11.39 lakh (Ex-Showroom), it caters to personal and commercial needs, emphasising Mahindra's commitment to offering affordable, dependable solutions nationwide.

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.