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M&M gains on unveiling manufacturing & battery assembly facility to produce electric origin SUVs
Jan-08-2025

Mahindra & Mahindra is currently trading at Rs. 3122.00, up by 11.35 points or 0.36% from its previous closing of Rs. 3110.65 on the BSE.

The scrip opened at Rs. 3141.40 and has touched a high and low of Rs. 3141.40 and Rs. 3102.00 respectively. So far 26501 shares were traded on the counter.

The BSE group 'A' stock of face value Rs. 5 has touched a 52 week high of Rs. 3237.60 on 03-Jan-2025 and a 52 week low of Rs. 1575.25 on 24-Jan-2024.

Last one week high and low of the scrip stood at Rs. 3237.60 and Rs. 3083.50 respectively. The current market cap of the company is Rs. 387620.37 crore.

The promoters holding in the company stood at 18.54%, while Institutions and Non-Institutions held 68.30% and 13.15% respectively.

Mahindra & Mahindra (M&M) has unveiled its new dedicated state-of-the-art manufacturing and battery assembly facility at its Chakan plant, a fully integrated ecosystem dedicated to producing Electric Origin SUVs.

With this new state-of-the-art Chakan-based manufacturing and battery assembly facility, Mahindra takes another major step toward shaping the future of mobility. By combining localized battery assembly, high-end automation, and a dedication to innovation, Mahindra is reinforcing its commitment to ‘Make in India for the World’ and contributing to India's efforts to meet its COP26 targets for 2030.

Mahindra & Mahindra 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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