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ResultsEconomic Times

M&M shares gain 10.3% on SUV and EV growth

Positive+37

GreyOak summary

Mahindra & Mahindra shares rose 10.3% following quarterly results driven by robust SUV demand and EV expansion. The company plans to increase production capacity to 132,000 units by FY31.

What it affects

  • Shares gained 10.3% on strong SUVRolling sentiment Positive +48

  • EV transitionPositive +29

    EV penetration surpassed industry average with new launches.Rolling sentiment Positive +46

Source

Read the original at Economic Times

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