Mahindra & Mahindra is currently trading at Rs. 1259.80, up by 8.15 points or 0.65% from its previous closing of Rs. 1251.65 on the BSE.

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Mahindra & Mahindra

The scrip opened at Rs. 1250.70 and has touched a high and low of Rs. 1274.90 and Rs. 1248.85 respectively. So far 40082 shares were traded on the counter.

The BSE group ‘A’ stock of face value Rs. 5 has touched a 52 week high of Rs. 1366.30 on 01-Nov-2022 and a 52 week low of Rs. 671.00 on 08-Mar-2022.

Last one week high and low of the scrip stood at Rs. 1274.90 and Rs. 1231.00 respectively. The current market cap of the company is Rs. 157071.16 crore.

The promoters holding in the company stood at 19.38%, while Institutions and Non-Institutions held 66.84% and 13.73% respectively.

Mahindra & Mahindra’s (M&M) Farm Equipment Sector (FES) has sold 23,243 tractors in month of December 2022 compared to 18,269 tractors in December 2021, recording a growth of 27.23%. Domestic tractors sales in December 2022 were at 21640 units, as against 16687 units during December 2021. Exports for the month stood at 1603 units.

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.