|Bid||1,274.85 x 0|
|Ask||1,279.45 x 0|
|Day's Range||1,242.00 - 1,279.85|
|52 Week Range||245.80 - 1,279.85|
|Beta (5Y Monthly)||0.96|
|PE Ratio (TTM)||N/A|
|Forward Dividend & Yield||2.35 (0.39%)|
|Ex-Dividend Date||Jul 16, 2020|
|1y Target Est||N/A|
India's Mahindra & Mahindra could consider investing in a battery-cell company to meet future electrification needs, its CEO said, after the company raised funds for its new electric vehicle (EV) unit at a $9.1 billion valuation. Mahindra on Thursday raised $250 million from British International Investment for the unit and is exploring a partnership with Volkswagen AG to source such EV components as batteries and motors. While the Volkswagen deal would meet Mahindra's "short to medium term" battery needs, Mahindra CEO Anish Shah said the company was open to looking at some sort of "investment with a global leader" in the battery-cell space if it needed to secure future supplies.
British aid money will fund electric cars in India after one of the biggest ever investments from the Foreign Office’s overseas development arm.
The deployment marks a significant automotive market expansion in India for BlackBerry (BB).