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M&M hits 52-week high on price hike of personal, commercial vehicles

The price will increase by around 1.9 per cent, resulting in an increase of Rs 4,500 - Rs 40,000, depending on the model and variant

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M&M had already increased the price of its range of tractors, across models with effect from January 1, 2021

2 min read Last Updated : Jan 08 2021 | 12:38 PM IST

Shares of Mahindra & Mahindra (M&M) hit a 52-week high of Rs 768.75, up 3 per cent, on the BSE in intra-day trade on Friday after the company announced price increase for its personal & commercial range of vehicles from today, January 8, 2021, due to rise in input costs. The stock surpassed its previous high of Rs 764.10, touched on December 8, 2020.

The price will increase by around 1.9 per cent, resulting in an increase of Rs 4,500 - Rs 40,000, depending on the model and variant, M&M said in a press release. READ HERE

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Topics : Mahindra & Mahindra Buzzing stocks car prices commercial vehicles M&M

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