DSIJ Mindshare

This Indian automobile giant sold over 1 lakh SUV models in FY23!
Kamal Mansuriya
/ Categories: Trending, Mindshare

This Indian automobile giant sold over 1 lakh SUV models in FY23!

So far 14 lakh cars sold since inception.

An important milestone was reached by Mahindra & Mahindra (M&M) in FY 2023 when sales of their Bolero SUV surpassed the one lakh mark. The Bolero has sold over 1,400,000 units since its launch in 2000, which is a tribute to its unrivalled value offer, tremendous performance potential, and commanding stance. This demonstrates the market's increasing interest in and demand for Bolero. 

The BSE group 'A' stock of face value of Rs 5 has touched a 52-week high of Rs 1396 and a 52-week low is Rs 854.45. 

Yesterday the scrip closed at Rs 1207.75, today it opened at Rs 1213.95 and touched a high and low of Rs 1214.95 and Rs 1199.20, respectively at BSE. So far 29,238 shares were traded on the counter. 

The promoters holding in the company stood at 19.37 per cent, while Institutions and Non-Institutions held 66.96 per cent and 13.66 per cent respectively. 

Mahindra & Mahindra Ltd is one of the leading auto companies, mainly involved in automobile manufacturing and the most diversified automobile company in India. It also has a presence across financial services, auto components, hospitality, infrastructure, retail, logistics, steel trading and processing, IT businesses, agri, aerospace, consulting services, defence, energy and industrial equipment through its subsidiaries and group companies.

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