Mahindra and Mahindra Shares

Mahindra and Mahindra Shares showed a jump of more than 5% on Tuesday and hit a fresh high record and the main reason for the increase in shares was that the company launched the compact SUV XUV 3XO. On Tuesday, M&M shares jumped by 5.15% and created a new high record of Rs 2,169.25.

Mahindra & Mahindra Shares Launches new SUV XUV 3XO

The company has launched XUV 3XO, whose basic MX1 variant has a starting price of Rs 7.49 lakh. This new compact SUV is likely to compete with Tata Nexon, Hyundai Venue and Maruti Suzuki Brezza. M&M has said that one can apply online for bookings of XUV 3XO and Mahindra's dealing will start from 15 May and its deliveries will start from 26 May. M&M's latest compact SUV will be available in both petrol and diesel.

Financial Metrices of Mahindra and Mahindra Shares

Today M&M shares started the day at Rs 2,073.05 and the high for the day was Rs 2,169.00 and low was Rs 2,073. Total market capitalization is Rs 2.58LCr. The stock’s 52-week high is Rs 2,169.00 and the stock’s 52-week low is Rs 1,208.05. The company is providing a dividend yield of 0.75% on the other hand it is providing the sector dividend yield of 0.46%. PE ratio of M&M shares is 23.17 and sector PE ratio is 57.26. PB ratio of stock is 3.85 and sector PB ratio is 57.26.

About Mahindra & Mahindra Ltd

M&M (Mahindra & Mahindra) Ltd is an automobile manufacturing company. This company was established on 2 October 1945 in Ludhiana, whose name was Mahindra & Mohammed and later its name was changed to Mahindra & Mahindra. M&M (Mahindra & Mahindra) Ltd is the leading company among the vehicle manufacturing production companies in India. M&M (Mahindra & Mahindra) Ltd is a part of Mahindra Group.

Disclaimer

Visit For More

The information provided is for informational purposes only and does not represent financial advice or guidance. Investing in the stock market involves essential risks, and individuals should conduct thorough research or seek professional guidance before making any investment decisions.