Mahindra Logistics zooms on launching Alyte mobile app

Alyte is launched in Delhi NCR, with planned expansions across Noida International Airport, Mumbai, Bangalore, Hyderabad, and other key metropolitan cities

Mahindra Logistics is currently trading at Rs. 337.00, up by 15.60 points or 4.85% from its previous closing of Rs. 321.40 on the BSE.

The scrip opened at Rs. 321.45 and has touched a high and low of Rs. 339.25 and Rs. 321.40 respectively. So far 18349 shares were traded on the counter.

The BSE group 'B' stock of face value Rs. 10 has touched a 52 week high of Rs. 471.00 on 23-Aug-2024 and a 52 week low of Rs. 217.70 on 04-Mar-2025.

Last one week high and low of the scrip stood at Rs. 360.00 and Rs. 307.20 respectively. The current market cap of the company is Rs. 3257.10 crore.

The promoters holding in the company stood at 57.97%, while Institutions and Non-Institutions held 18.66% and 23.37% respectively.

Mahindra Logistics has launched 'Alyte' mobile app - a refreshed, premium, and tech-enabled B2C mobility service designed for today’s digitally connected urban commuters. Offering seamless airport-to-city, in-city travel, and outstation rides, Alyte combines comfort, advanced technology, sustainability, and elevated service standards to meet the evolving expectations of modern travellers. Alyte is launched in Delhi NCR, with planned expansions across Noida International Airport, Mumbai, Bangalore, Hyderabad, and other key metropolitan cities. 

Alyte has been serving corporate clients as part of Mahindra Logistics Mobility Enterprise Solutions. By unifying all people mobility services under a single, modern brand, Alyte strengthens the B2C mobility portfolio with a sharp focus on providing safe and reliable services for an uninterrupted B2B, B2C, and airport travel experience. 

With assured rides, transparent surge-free pricing, zero cancellations, and a premium in-ride experience delivered by well-trained chauffeurs, Alyte is redefining everyday commuting. The service also offers 24/7 customer support - with no bots - and live GPS tracking to enhance safety and convenience. Rides can be booked through the newly launched Alyte mobile app, which features an intuitive interface for hassle-free bookings, real-time ride tracking, secure payments, and greater user control - reflecting the brand’s commitment to a tech-led, customer-first experience. 

Mahindra Logistics (MLL) provides logistics solutions, warehousing facilities, freight forwarding and supply chain management services. It also provides people transport solutions, a specialised line of business which helps corporate clients move employees to and from the workplace.