Nov 06, 2013, 04.31 PM IST
The existing XUV500 is available at a price range of Rs 12 lakh to Rs 14.64 lakh (ex-showroom Delhi).
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Mahindra launches entry level XUV500 priced at Rs 10.95lakh
The existing XUV500 is available at a price range of Rs 12 lakh to Rs 14.64 lakh (ex-showroom Delhi).
Like this story, share it with millions of investors on M3
Mahindra launches entry level XUV500 priced at Rs 10.95lakh
The existing XUV500 is available at a price range of Rs 12 lakh to Rs 14.64 lakh (ex-showroom Delhi).
M&M Executive Director & President, Automotive & Farm Equipment Sectors Pawan Goenka said: "With over 74,000 vehicles on the road within two years of launch, the XUV500 is one of our most successful launches. "As a customer centric organisation, we have incorporated customer feedback at every step and evolved and today's W4 model launch bears testimony to the same."
Also Read: Have grown better than sector with 41% mkt share, says Mah & Mah
"The launch of the W4 model makes the XUV500 proposition accessible to more customers who aspire to be proud owners of XUV500, M&M Chief Executive, Automotive Division Pravin Shah said. The existing XUV500 is available at a price range of Rs 12 lakh to Rs 14.64 lakh (ex-showroom Delhi).
"In spite of being an entry level model of the XUV500, the W4 model is technology laden and with this launch, we aim to attract sedan & compact SUV buyers who wish to upgrade to the XUV500," he added.
M&M stock price
On November 06, 2013, Mahindra and Mahindra closed at Rs 898.50, down Rs 8.7, or 0.96 percent. The 52-week high of the share was Rs 1026.45 and the 52-week low was Rs 741.50.
The company's trailing 12-month (TTM) EPS was at Rs 57.88 per share as per the quarter ended June 2013. The stock's price-to-earnings (P/E) ratio was 15.52. The latest book value of the company is Rs 238.22 per share. At current value, the price-to-book value of the company is 3.77.
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