M&M gains as its arm inaugurates multi-brand car workshop at Punjab M&M is currently trading at Rs. 1297.50, up by 9.90 points or 0.77% from its previous closing of Rs. 1287.60 on the BSE. The scrip opened at Rs. 1298.00 and has touched a high and low of Rs. 1299.00 and Rs. 1285.00 respectively. So far 31,000 shares were traded on the counter. The BSE group 'A' stock of face value Rs. 5 has touched a 52 week high of Rs. 1421.00 on 04-Sep-2014 and a 52 week low of Rs. 847.00 on 04-Feb-2014. Last one week high and low of the scrip stood at Rs. 1311.00 and Rs. 1239.85 respectively. The current market cap of the company is Rs. 80,586.00 crore. The promoters holding in the company stood at 25.78% while Institutions and Non-Institutions held 56.61% and 12.28% respectively. Mahindra First Choice Services (MFCS), a wholly owned subsidiary of Mahindra & Mahindra, has expanded its presence in North India with the inauguration of its authorized dealership ‘Badaliya Auto’. The showroom is located near the Civil Hospital, Dasuya in state of Punjab and is spread over 5000 square feet. The company’s footprint in Punjab currently encompasses 21 dealerships and it further plans to expand this number to 25 outlets by year end. Key focus towns in the state of Punjab include Ludhiana, Jalandhar, Amritsar and Chandigarh. Mahindra & Mahindra (M&M) is the flagship company of the Mahindra Group, a multinational conglomerate based in Mumbai, India. Amongst the various business interests of its parent group, the company is mainly involved in the automobile manufacturing. It is one of the leading auto companies of India.