Mahindra rides high on launching new CEV5 range of construction equipment at Bauma Conexpo
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Mahindra & Mahindra is currently trading at Rs. 3077.00, up by 8.90 points or 0.29% from its previous closing of Rs. 3068.10 on the BSE.
The scrip opened at Rs. 3067.40 and has touched a high and low of Rs. 3086.85 and Rs. 3001.00 respectively. So far 48147 shares were traded on the counter.
The BSE group 'A' stock of face value Rs. 5 has touched a 52 week high of Rs. 3221.10 on 27-Sep-2024 and a 52 week low of Rs. 1575.25 on 24-Jan-2024.
Last one week high and low of the scrip stood at Rs. 3114.00 and Rs. 3001.00 respectively. The current market cap of the company is Rs. 382316.72 crore.
The promoters holding in the company stood at 18.54%, while Institutions and Non-Institutions held 68.30% and 13.15% respectively.
Mahindra Construction Equipment (MCE), a division of Mahindra & Mahindra (M&M), has launched its latest offerings at BAUMA CONEXPO 2024, demonstrating their commitment to innovation and reliability. The new CEV5 range of Construction Equipment are set to redefine the standards in their respective categories, offering advanced features and compliance with the latest industry norms.
Mahindra pavilion at the India Expo Centre, showcases entire range of Mahindra BSV construction equipment like RoadMaster and EarthMaster, as well as the extensive truck range for construction segment - BLAZO X 48 CLS 10x4 Tipper, BLAZO X m-DURA 35 8x4 Tipper, BLAZO X 28 Transit Mixer with 7.5 cum capacity drum, FURIO 10 Fuel Bowser with 6KL capacity and BOLERO Camper & Maxx Pik-up were on display.
Furthermore, it is powered with Mahindra IMAXX advanced telematics, providing strong control over the lower costs of ownership and higher fleet safety. The New CEV5 range of Construction Equipment: An upgrade to existing Earthmaster - Backhoe Loader & Roadmaster - Motor Grader with the higher power of 74 HP & 102 HP engine with CEV 5 emission standards.
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.
