M&M trades in green as its Swaraj Tractors launches 744XT in 50 HP category in Nepal
Mahindra & Mahindra is currently trading at Rs. 1143.40, up by 7.95 points or 0.70% from its previous closing of Rs. 1135.45 on the BSE.
The scrip opened at Rs. 1135.45 and has touched a high and low of Rs. 1145.90 and Rs. 1125.30 respectively. So far 39405 shares were traded on the counter.
The BSE group ‘A’ stock of face value Rs. 5 has touched a 52 week high of Rs. 1192.55 on 20-Jul-2022 and a 52 week low of Rs. 671.00 on 08-Mar-2022.
Last one week high and low of the scrip stood at Rs. 1192.55 and Rs. 1125.30 respectively. The current market cap of the company is Rs. 141711.52 crore.
The promoters holding in the company stood at 19.45%, while Institutions and Non-Institutions held 66.94% and 13.61% respectively.
Swaraj Tractors, part of Mahindra & Mahindra’s (M&M) Farm Equipment Sector, has launched its new tractor, 744 XT, in the 50 HP category in Nepal. This tractor features one of the biggest engines in its category, with 3478 cc displacement, that delivers maximum performance in agri and haulage applications.
The 744 XT comes standard with a constant mesh transmission, Multispeed forward and reverse PTO, Dual clutch, Oil immersed disc brakes, Power steering & offers high ground clearance with bigger front tyres. With directional control valve and best-in-class lift capacity of 1700 kgs, the 744 XT can handle heavy implements with ease & precision.
This tractor also comes with an industry leading 6-year warranty, guaranteeing absolute peace of mind. Swaraj Tractors has very high customer loyalty & trust built around the value of being authentic, reliable and powerful, fondly called as “Hamro Swaraj”. With widespread sales and service network spread across the length and breadth of the country, the brand is the market leader in the country.
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.
Source – IANS