Mahindra and Mahindra Limited: Share / Stock Price-BSE NSE
M & M initially stood for Mahindra & Muhammad (Kailash Chandra Mahendra, Jagdish Chandra Mahendra, and Malik Ghulam Muhammad).
Mahindra & Mahindra
About Mahindra & Mahindra: Incorporated in 1945, M & M initially stood for Mahindra & Muhammad (Kailash Chandra Mahendra, Jagdish Chandra Mahendra, and Malik Ghulam Muhammad). After Independence, when Muhammad migrated to Pakistan, the company changed its name in 1948 to Mahindra & Mahindra (M&M).
Mahindra & Mahindra Limited is a subsidiary of Mahindra Group. It started as a steel trading corporation but later shifted gradually into the manufacture of Jeeps, light commercial vehicles(LCVs), and agricultural tractors. Now Mahindra Tractors are manufactured in its separate subsidiary. M & M deals with automotive manufacturing and is the largest producer of automobiles in India by volume.
Company name | Mahindra & Mahindra Limited |
Founder | Kailash Chandra Mahindra
Jagdish Chandra Mahindra Malik Ghulam Mahindra |
Chairman | Anand Mahindra |
CEO | Dr. Anish Shah |
Headquarters | Mumbai, Maharashtra |
ISIN | INE101A01026 |
Listed as | BSE: 500520 NSE: M&M |
Parent organization | Mahindra Group |
Journey of M&M:
In 1965, M&M inaugurated a new plant in Kandivali, Mumbai, for manufacturing utility vehicles and tractors. In 1997 Anand Mahindra took over as the Managing Director of M&M.
In 2000, M & M launched Bolero, India’s largest-selling SUV, and 2002 saw the launch of Scorpio as the sports utility vehicle of India.
In 2007 M&M entered into a joint venture with Renault to produce passenger vehicles. In 2011, Mahindra acquired Ssangyong Motor, the South Korean automobile manufacturer, and launched XUV 500 on a global platform.
In 2012, Mahindra Research Valley(R&D Centre ) was inaugurated in Chennai, Tamil Nadu. The following year, Mahindra launched the e20 and set footprints in electric vehicle manufacturing.
In 2018, M&M acquired Automobili Pininfarina, a luxury car brand based on sustainable energy(electricity), and in 2019 M&M announced a joint venture with automobile giant Ford.
Mahindra Tractors is now the largest manufacturer of tractors in the world.
Subsidiaries of M&M:
Mahindra Electric |
Mahindra Tractors |
Mahindra 2 Wheelers |
Mahindra Truck and Bus Division |
BSA Company |
Yezdi(Ideal Jawa LTD) |
Peugeot Motorcycles |
Pininfarina |
Automobili Pininfarina |
Global Subsidiaries of M&M
Mahindra Europe S.R.L | Italy |
Mahindra Automotive North America(MANA) | US |
Automobili Pininfarina | Italy |
Mahindra South Africa | South Africa |
Mahindra Australia | Australia |
Mahindra Brazil & Mexico | South America |
Mahindra & Mahindra vehicles:
Category | Models |
SUV | SCORPIO, THAR, XUV, BOLERO, KUV, ALTURAS |
Small Commercial | ALFA LOAD, ALFA PASSENGER, SUPRO MAXI TRUCK, SUPRO MINI TRUCK |
Pickups | BOLERO PIK UP, BOLERO CAMPER |
Electric | E-VERITO, TREO |
Trucks | BLAZO HAULAGE, BLAZO TIPPER, FURIO, JAYO |
Buses | CRUZIO, CRUZIO GRANDE |
Two-wheelers | MOJO, SCOOT(Electric), JAWA, PEUGEOT MOTORCYCLES |
Tractors | MAHINDRA JIVO, MAHINDRA XP PLUS, MAHINDRA NOVO |
MAHINDRA & MAHINDRA Share price:
Check out the stock market trends of your favorite automotive manufacturer M & M on these sites:
https://www.bseindia.com/stock-share-price/mahindra–mahindra-ltd/m&m/500520
https://www1.nseindia.com/live_market/dynaContent/live_watch/get_quote/GetQuote.jsp?symbol=M%26M
This was all about M&M, its vehicles, subsidiaries, and share prices. Visit your nearest Mahindra store today and be on the ‘Rise’!!