Mahindra & Mahindra shares rise 3% after launching 5-door Thar Roxx

Mahindra & Mahindra’s shares surged by 3% on August 16 following the launch of their new Thar Roxx SUV, priced starting at ₹12.99 lakh. This new five-door model builds on the success of the Thar three-door version introduced in August 2020, offering enhanced features and practicality.

Key Details:

• Launch Price: ₹12.99 lakh
• New Features:
  • Powertrains:
    • 2.0-litre mStallion turbo-petrol engine (160bhp and 330Nm)
    • 2.2-litre mHawk diesel engine (150bhp and 330Nm)
  • Transmission Options: Six-speed manual and automatic
  • Exterior Upgrades:
    • New grille
    • C-shaped LED DRLs
    • Projector headlights
    • Dual-tone alloy wheels
    • Rectangular LED taillights
  • Interior Features:
    • 10.25-inch touchscreen infotainment system
    • Wireless Apple CarPlay and Android Auto
    • Fully digital color instrument cluster
    • Ventilated front seats
    • Panoramic sunroof
    • Automatic climate control
    • Rear AC vents
    • Dual-tone upholstery

Market Reaction:

• Shares Trading: As of 10:00 AM, Mahindra & Mahindra shares were trading 2.53% higher at ₹2,814.70.