42.75 USD
1.34
3.24%
Last update Dec 15, 3:15 PM EST
Market closed
Day range
42.75
42.75
Previous close
41.41000
Open
42.75
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Mahindra & Mahindra Ltd. Sponsored GDR
42.75
1.34
3.24%

Overview

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Description

Mahindra & Mahindra Ltd. Sponsored GDR represents global depository receipts issued against shares of Mahindra & Mahindra Limited, an Indian multinational corporation. The primary function of these GDRs is to provide international investors with a convenient way to invest in Mahindra & Mahindra without the need to directly participate in foreign markets. As a diversified conglomerate, Mahindra & Mahindra operates predominantly in the automotive and agriculture machinery sectors, where it is recognized as a leading manufacturer of utility vehicles, commercial vehicles, and tractors. The company also has ventures in information technology, financial services, and real estate sectors, contributing to its reputation as a key player in India's industrial growth. The Sponsored GDRs enable capital flow and investment into the company from global investors, facilitating enhanced market liquidity and access to international financial markets. As such, Mahindra & Mahindra Ltd. Sponsored GDR holds significance for investors seeking exposure to emerging markets through a well-established and diversified Indian enterprise.

About

CEO
Dr. Anish Dilip Shah
Employees
260000
Address
Mahindra Towers
Dr. G. M. Bhosale Marg Worli
Mumbai, 400018
Phone
91 22 2490 1441
Website
Instrument type
Depositary receipt
Sector
Consumer Cyclical
Industry
Auto Manufacturers
Country
United States
MIC code
PINX
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