Mahindra & Mahindra Ltd is up for a third straight session in a row. The stock is quoting at Rs 1357, up 1.91% on the day as on 12:49 IST on the NSE. The benchmark NIFTY is down around 0.02% on the day, quoting at 17645.1. The Sensex is at 59417.62, down 0.14%. Mahindra & Mahindra Ltd has added around 7.46% in last one month.

Meanwhile, Nifty Bank index of which Mahindra & Mahindra Ltd is a constituent, has added around 4.77% in last one month and is currently quoting at 13076.85, up 1.49% on the day. The volume in the stock stood at 20.09 lakh shares today, compared to the daily average of 20 lakh shares in last one month.

The benchmark February futures contract for the stock is quoting at Rs 1362, up 1.87% on the day. Mahindra & Mahindra Ltd is up 56.03% in last one year as compared to a 0.39% gain in NIFTY and a 14.25% gain in the Nifty Bank index.

The PE of the stock is 26.34 based on TTM earnings ending September 22.

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Mahindra & Mahindra will hold a meeting of the Board of Directors of the Company on 10 February 2023.

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Mahindra & Mahindra today announced pricing for the fun and fast XUV400, its first electric SUV, unveiled on World EV Day in 2022. The XUV400 is designed and engineered for car buyers looking to join theelectric revolution. Set to take Mahindra's electrification journey forward, the all-electric SUV will be priced from Rs 15.99 lakh.

The introductory prices are applicable on the first 5,000 bookings for each of the two variants. Mahindra aims to deliver 20,000 units of the XUV400 within a year of its launch, considering the challenges of the structural gap between the demand and supply of automotive-grade semiconductors and the availability of battery packs.

The XUV400 is the first EV from Mahindra to feature the electrifying copper twin peak logo, giving it a distinctive presence on the road. Available in two variants - XUV400 EL powered by a 39.4 kWh battery and XUV400 EC powered by a 34.5 kWh battery, the eSUV will come in five exciting colour options - Arctic Blue, Everest White, Galaxy Grey, Napoli Black and Infinity Blue with dual tone option of Satin Copper. The eSUV comes with a standard warranty of 3 years /unlimited kms and will additionally come with a warranty of 8 years or 160,000 kms (whicheveris earlier) for the battery & motor.

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Mahindra & Mahindra achieved production of 45,009 units in month of December 2022 compared to 24,970 units in December 2021.

The company achieved sales of 53,577 units in December 2022 compared to 36,140 units in December 2021.

Exports stood at 3,100 in December 2022 compared to 3017 units in December 2021.

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