Mahindra & Mahindra's stock is trading at ₹3,122.00 on the BSE, reflecting a gain of 11.35 points or 0.36% from its previous close of ₹3,110.65. The stock opened at ₹3,141.40, reaching an intraday high and low of ₹3,141.40 and ₹3,102.00, respectively, with 26,501 shares traded so far.
This BSE 'A' group stock, with a face value of ₹5, has witnessed a 52-week high of ₹3,237.60 on January 3, 2025, and a low of ₹1,575.25 on January 24, 2024. Over the past week, the stock's high and low stood at ₹3,237.60 and ₹3,083.50, respectively. The company currently holds a market capitalization of ₹3,87,620.37 crore. Promoters own 18.54% of the shares, while institutions and non-institutional investors hold 68.30% and 13.15%, respectively.
In a significant development, Mahindra & Mahindra inaugurated a state-of-the-art manufacturing and battery assembly unit at its Chakan facility. This integrated setup is dedicated to producing Electric Origin SUVs and emphasizes localized battery production and advanced automation. The initiative aligns with Mahindra's vision of "Make in India for the World" and India's commitment to achieving COP26 climate goals by 2030.
As the flagship company of the Mumbai-based Mahindra Group, Mahindra & Mahindra continues to lead in the Indian automotive sector, solidifying its position as a key player in sustainable mobility solutions.