M&M gains as its arm enters into partnership with Yahoo Sports Radio - Hot Stock 11 March 2015
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| Stock price: M&M (NSE) Rs.1,256.05, Mar 11, 3:29 PM. |
Mahindra & Mahindra is currently trading at Rs. 1263.00, up by 35.95 points or 2.93 % from its previous closing of Rs. 1227.05 on the BSE. The scrip opened at Rs. 1227.50 and has touched a high and low of Rs. 1263.40 and Rs. 1219.35 respectively. So far 39518 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. 952.30 on 26-Mar-2014. Last one week high and low of the scrip stood at Rs. 1265.00 and Rs. 1201.10 respectively. The current market cap of the company is Rs. 77891.20 crore. The promoters holding in the company stood at 25.74 % while Institutions and Non-Institutions held 56.26 % and 12.58 % respectively.
Mahindra USA (MUSA), the wholly-owned subsidiary of Mahindra & Mahindra (M&M), and Yahoo Sports Radio are hitting the air with a comprehensive nationwide marketing partnership to support the continued robust growth of the Mahindra brand and the company’s extensive dealer network. The campaign provides Mahindra with a sweeping, multi-platform presence on Yahoo Sports Radio’s network of over 500 radio station affiliates. In this new partnership, Mahindra will be a presenting sponsor of Yahoo Sports Radio’s coverage updates of several of the largest sporting events of the year, including the recently completed coverage of Super Bowl XLIX and the upcoming March Madness Collegiate Basketball events.
Houston, Texas based Mahindra USA is a wholly owned subsidiary of Mahindra & Mahindra and began selling tractors in the USA in 1994. MUSA has since grown rapidly due to high customer satisfaction levels and strong customer referrals. MUSA has four distribution points in North America to help meet the needs of its customers and the growing demand for its products. Mahindra’s professional-grade tractors range from 22 HP - 105 HP and include the revolutionary new Max series tractors.
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