M&M to increase price of vehicles from Jan 1, 2021

Mahindra & Mahindra Ltd. (M&M), part of the USD 19.4 billion Mahindra Group, today announced that effective January 1, 2021, the company will increase the price of its range of Passenger and Commercial Vehicles, across models. This has been necessitated due to the increase in commodity prices and various other input costs. Details of the price increase across different models will be communicated in due course.

Shares of MAHINDRA & MAHINDRA LTD. was last trading in BSE at Rs.718.25 as compared to the previous close of Rs. 711.1. The total number of shares traded during the day was 261576 in over 4857 trades.

The stock hit an intraday high of Rs. 719.8 and intraday low of 701.3. The net turnover during the day was Rs. 186372943.

Source : Equity Bulls

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