Wednesday, 7 May 2014

Mahindra & Mahindra trades in green on the BSE

Mahindra & Mahindra is currently trading at Rs 1070.40, up by 5.25 points or 0.49% from its previous closing of Rs 1065.15 on the BSE.
The scrip opened at Rs 1065.00 and has touched a high and low of Rs 1072.00 and Rs 1062.95 respectively. So far 4697 shares were traded on the counter.
The BSE group 'A' stock of face value Rs 5 has touched a 52 week high of Rs 1091.00 on 30-Apr-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 1091.00 and Rs 1046.10 respectively. The current market cap of the company is Rs 65909.72 crore.
The promoters holding in the company stood at 25.29%, while Institutions and Non-Institutions held 52.80% and 16.92% respectively.
Mahindra & Mahindra (M&M), India’s leading SUV manufacturer, has unveiled a new model of SsangYong Rexton ‘Rx6’ with manual transmission, at a price of Rs 19.96 lakh (ex-showroom Delhi). The RX6 will be an addition to the existing model range of Rexton, a high end SUV from South Korea's SsangYong which has been a part of the Mahindra Group since 2010. The vehicle comes with 5-speed manual transmission on the 2.7L RX270 XDi engine.
The SsangYong Rexton by the company is currently available in two models -- RX5 and RX7. The RX5 is an entry level manual transmission model and the RX7 is the top end model with E-tronic automatic transmission with Mercedes BenzTM technology.
The Rexton in India is manufactured and assembled at Mahindra’s Chakan Plant near Pune by sourcing components from SsangYong Korea and from India.

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