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Last 1,145 INR
Change Today 0.00 / 0.00%
Volume 0.0
MM On Other Exchanges
Natl India
As of 7:06 AM 04/30/15 All times are local (Market data is delayed by at least 15 minutes).

mahindra & mahindra ltd (MM) Snapshot

Previous Close
Day High
Day Low
52 Week High
08/25/14 - 1,434
52 Week Low
05/5/14 - 1,050
Market Cap
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Current Stock Chart for MAHINDRA & MAHINDRA LTD (MM)

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mahindra & mahindra ltd (MM) Details

Mahindra & Mahindra Limited primarily engages in the automotive and farm equipment businesses in India and internationally. The company offers aerospace components, assemblies, and aircrafts; automotive services and pre-owned cars; and crop care, fresh produce services, seed distribution, and seed potato inputs. It also provides commercial vehicles, such as Alfa, Gio, trucks and buses, Bolero Pick-Up, Genio, Loadking, Maxximo Plus, and Tourister buses; personal vehicles, including Bolero, e2o, Scorpio, Thar, Verito, Xylo, Actyon, Actyon Sports, Chairman W, Korando, Kyron, Rexton, Rodius, XUV 500, and Quanto; contract sourcing and engineering services; and components, such as alloy steel, blankings, castings, composites, ferrites and magnetic products, forgings, gears, ring rolling, and stampings. In addition, the company offers backhoe loaders; engineering consulting, information security consulting, project management, and strategic risk management services; defense vehicles, including Land, Axe, Marksman, Mine Protected Vehicle, and Rakshak; diesel generators, inverters, and off-grid solar energy solutions; on-grid, power-leasing, telecom infrastructure management, and turnkey EPC services; tractors, crop harvesting, and rice and sugarcane farming solutions; and general and life insurance broking, as well as vehicle, asset, and rural housing finance services. Further, it provides bulk handling systems; business process outsourcing, IT consulting, R&D engineering and manufacturing, supply chain consulting, infrastructure management, security, and network technology solutions and services; leisure boats, resorts, homestays, and terra camps; logistics and people transport solutions; business cities and special economic zones, and living spaces; baby and maternity products through its Mom & Me retail chain; and two wheelers, such as Centuro, Pantero, Duro-DZ, Flyte, genZe, Kine, and Rodeo-RZ. The company was founded in 1945 and is headquartered in Mumbai, India.

19,427 Employees
Last Reported Date: 05/30/14
Founded in 1945

mahindra & mahindra ltd (MM) Top Compensated Officers

Chairman, Managing Director, Member of Group ...
Total Annual Compensation: 12.5M
Group President of Auto & Farm Sector, Member...
Total Annual Compensation: 6.8M
Compensation as of Fiscal Year 2014.

mahindra & mahindra ltd (MM) Key Developments

Mahindra & Mahindra To Reortedly Invest €80 Million in Pininfarina

Mahindra & Mahindra Limited (BSE:500520) would spend up to €80 million in taking control of Pininfarina SpA (BIT:PINF), Il Messaggero daily reported. According to the report, Mahindra & Mahindra has offered €25 million for the 76% stake controlled by the creditor banks via PINCAR S.R.L. After assuming control, Mahindra will need to launch a mandatory bid on the remaining shares of Pininfarina, being ready to invest €35 million in it, the daily said. According to the report, Mahindra will spend further €20 million on Pininfarina's recapitalisation. The chief executive of Pininfarina, Silvio Angori, confirmed at the shareholders’ meeting on April 29, 2015, the interest of Mahindra & Mahindra in buying Pininfarina’s control but said no agreement had been reached with Pincar yet.

Mahindra & Mahindra Limited Inaugurates Automotive Manufacturing Facility in Zaheerabad, Telangana

The Automotive Division of Mahindra & Mahindra Ltd. announced the inauguration of its extended automotive manufacturing facility in Zaheerabad, Telangana. This facility will be used to manufacture Mahindra's new small commercial vehicle code named P601, which is scheduled to be launched in the first half of the current fiscal. The extended manufacturing facility for the automotive plant has been set-up at an investment of approximately INR 2,500 million and an installed capacity of 92,000 new vehicles per annum, which can be scaled up further to meet additional demand. This is in addition to the production capacity of 75,000 vehicles per annum from the already existing automotive manufacturing plant in Zaheerabad. The automotive plant in Zaheerabad will manufacture sub one tone commercial vehicles which include 4 wheel load and passenger vehicles, in addition to the UVs, LCVs and 3 Wbeelers, which are being currently manufactured. The expansion will provide additional direct and indirect employment, taking the total employment to 3,500 workers spread across the automotive and tractor plants.

Mahindra & Mahindra Plans to Increase Stake in Ssangyong

Mahindra & Mahindra Limited (BSE:500520) is looking to hike its stake to 85% in SsangYong Motor Co., Ltd. (KOSE:A003620) to 85% for which around INR 15 billion has been set aside. By end of 2015, Mahindra & Mahindra plans to increase stake in Ssangyong to 90-95%, thereby giving it almost 100% ownership.


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