Jul 12, 2012, 08.23 AM IST

M&M introduces intl range of vehicles in Kenya, stock up

Shares of Mahindra and Mahindra, the country’s leading utility vehicle manufacturer, rose over 1% on Friday as the company launched its international range of utility vehicles and pick-ups for the Kenyan market. This included its award winning XUV500 SUV, the Scorpio SUV and Pick Up range, the Genio Pick-Up and the Maxximo mini-truck.

Source: Moneycontrol.com
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Shares of Mahindra and Mahindra , the country’s leading utility vehicle manufacturer, rose over 1% on Friday as the company launched its international range of utility vehicles and pick-ups for the Kenyan market. This included its award winning XUV500 SUV, the Scorpio SUV and Pick Up range, the Genio Pick-Up and the Maxximo mini-truck. The Mahindra XUV500 was launched late last year in India with a simultaneous unveiling in South Africa.


At 15:17 hours IST, the share was trading at Rs 732, up Rs 9.25, or 1.28%.
 
Even its trading volumes increased 50% to 1,54,294 equity shares as compared to its 5-day average of 1,02,618 shares.


Market capitalisation of the company currently stands at Rs 44,943.39 crore.


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