Friday, 26 July 2013

M&M shines as business unit MFCS inaugurates first workshop in Ghaziabad

Mahindra & Mahindra is currently trading at Rs. 893.10, up by 13.00 points or 1.48% from its previous closing of Rs. 880.10 on the BSE.

The scrip opened at Rs. 889.00 and has touched a high and low of Rs. 895.00 and Rs. 880.20 respectively. So far 16,345 shares were traded on the counter.

The BSE group 'A' stock of face value Rs. 5 has touched a 52 week high of Rs. 1026.45 on 20-May-2013 and a 52 week low of Rs. 678.75 on 26-Jul-2012.

Last one week high and low of the scrip stood at Rs. 925.00 and Rs. 870.10 respectively. The current market cap of the company is Rs. 55,005.00 crore.

The promoters holding in the company stood at 25.35% while Institutions and Non-Institutions held 51.19% and 18.23% respectively.

Mahindra & Mahindra’s (M&M) business unit - Mahindra First Choice Services (MFCS) multi-brand certified used car company, has launched its first workshop with unique features in Ghaziabad at Mohan Nagar. The facility, spread over 17,000 sq. ft with 15 bays, has a monthly capacity of servicing 1000+ cars of various brands.

Mahindra & Mahindra is the flagship company of the Mahindra Group. The company’s core automotive and farm equipment businesses have grown into market leaders whose triple bottom line ethic is driving industry trends towards technological innovation, social responsibility, and constantly improving customer satisfaction.

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