M&M inches up on launching ‘New Bolero City Pik-Up’

Mahindra & Mahindra is currently trading at Rs. 528.40, up by 0.20 points or 0.04% from its previous closing of Rs. 528.20 on the BSE.

The scrip opened at Rs. 534.00 and has touched a high and low of Rs. 534.00 and Rs. 524.60 respectively. So far 19725 shares were traded on the counter.

The BSE group ‘A’ stock of face value Rs. 5 has touched a 52 week high of Rs. 992.00 on 30-Aug-2018 and a 52 week low of Rs. 502.85 on 14-Aug-2019.

Last one week high and low of the scrip stood at Rs. 559.85 and Rs. 523.00 respectively. The current market cap of the company is Rs. 65870.56 crore.

The promoters holding in the company stood at 19.87%, while Institutions and Non-Institutions held 58.78% and 21.36% respectively.

Mahindra & Mahindra (M&M) has launched ‘New Bolero City Pik-Up’, an addition to its ‘pick-up’ range, priced at Rs 6.25 lakh (ex-showroom, Bengaluru). With the launch of City Pickup, Now Bolero Pik-up Range has clearly defined portfolio for different needs – 1.7T Bolero Pickup for Intercity Application and Bolero City Pickup and Bolero Maxitruck plus for Intra city application.

The City Pik-Up has payload capacity of 1.4T and an 8.7ft x 5.6ft cargo box to carry heavy loads effortlessly.

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.

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