Mahindra & Mahindra (M&M) 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.
Mahindra & Mahindra (M&M), India’s leading SUV manufacturer, has reported auto sales numbers which stood at 35,567 units during July 2014, as against 37,096 units during July 2013.
The Passenger Vehicles segment (which includes UVs and the Verito) sold 14,708 units in July 2014, as against 15,530 units during July 2013. The company’s domestic sales stood at 33,047 units during July 2014, as against 34,490 units during July 2013.
In July 2014, the 4-wheelers commercial segment sold 12,472 units, while the 3-wheelers segment clocked 5,142 units. Exports for the month stood at 2,520 units.
The promoters holding in the company stood at 25.25 % while Institutions and Non-Institutions held 54.76 % and 14.91 % respectively
The BSE group 'A' stock of face value Rs. 5 has touched a 52 week high of Rs. 1268.75 on 02-Jun-2014 and a 52 week low of Rs. 741.50 on 28-Aug-2013.
Last one week high and low of the scrip stood at Rs. 1224.50 and Rs. 1163.00 respectively. The current market cap of the company is Rs. 74516.82 crore.
The scrip opened at Rs. 1188.00 and has touched a high and low of Rs. 1217.75and Rs. 1187.10 respectively. So far 39594 shares were traded on the counter.
Mahindra & Mahindra (M&M) is currently trading at Rs. 1218.00, up by 23.40 points or 2.82% from its previous closing of Rs. 1184.60 on the BSE.
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