Mahindra & Mahindra is currently trading at Rs. 1267.00, up by 0.40 points or 0.03% from its previous closing of Rs. 1266.60 on the BSE.
The scrip opened at Rs. 1265.00 and has touched a high and low of Rs. 1278.00 and Rs. 1255.00 respectively. So far 8822 shares were traded on the counter.
The BSE group 'A' stock of face value Rs. 5 has touched a 52 week high of Rs. 1421.00 on 04-Sep-2014 and a 52 week low of Rs. 847.00 on 04-Feb-2014.
Last one week high and low of the scrip stood at Rs. 1303.10 and Rs. 1239.00 respectively. The current market cap of the company is Rs. 78692.41 crore.
The promoters holding in the company stood at 25.78 % while Institutions and Non-Institutions held 56.61 % and 12.28 % respectively.
Mahindra & Mahindra (M&M), India’s leading SUV manufacturer is reportedly planning to takeover National Electric Vehicle Sweden AB (NEVS), the holding company that purchased assets of Saab Automobile two years ago.
NEVS, which ran into financial difficulties, signed a term sheet with M&M two weeks ago to begin intense negotiations. The term sheet signed by NEVS stipulates the form for further negotiations, commercial terms for an expected final deal, as well as funding to be paid by the OEM, both through a direct investment in NEVS and during the continuation of the negotiation phase until the deal is closed.
The Swedish company, which is owned by National Modern Energy Holdings, a Chinese-Japanese energy company having its headquarters in Hong Kong, filed for bankruptcy in August this year.
NEVS, which makes cars running on electric motors and internal combustion engines, has a licensing agreement with Saab AB allowing it to use the Saab brand name for its future vehicles.
Mahindra & Mahindra (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.
| Company Name | CMP |
|---|---|
| Maruti Suzuki | 11081.45 |
| Mahindra & Mahindra | 3013.00 |
| Hyundai Motor India | 1829.50 |
| Mercury Metals | 99.75 |
| Hindustan Motors | 21.65 |
| View more.. | |
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Funds ranking in screeners: Performance Consistency and Quality are two parameters used for ranking funds for SIP. The ranking as follows GG, GO, GR, OG, OO, OR, RG, RO and RR.
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Here is the summary:
The third tag Upside Potential is not relevant for SIP. It is relevant for lumpsum investments in Mutual Funds.
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