Company updateCNBC-TV18
M&M Oct production jumps 30% to 1.24 lakh units
Positive+39
GreyOak summary
Mahindra & Mahindra reported a 30.44% year-on-year increase in October production to 1.24 lakh units, driven by a 77.5% surge in exports. Total sales rose 7.3% to 1.27 lakh units. The company also approved a ₹1,450 crore investment in its subsidiary SML Mahindra via a rights issue.
What it affects
- Mahindra & MahindraM&MPositive +39
Production jumped 30% to 1.24 lakh units.Rolling sentiment Positive +48
Source
Read the original at CNBC-TV18More Mahindra & Mahindra news
- Broker’s Call: Mahindra & Mahindra (Buy)BusinessLine · Company update ·
- Market wrap: M&M, InterGlobe, Adani Ports SEZ, ICICI Bank top gainers and losers on Nifty and Sensex on WednesdayEconomic Times · Market wrap ·
- Who is Shuchi Suri? Mahindra & Mahindra appoints Executive VP as Chief Sales and Marketing officer - AutomotiveMint · Company update ·
- Centre's EV push puts electric mobility stocks in the fast lane; M&M, Ola Electric lead rally with gains of up to 5%Economic Times · Policy ·
- Indices hold gains at noon; M&M, IndiGo top NiftyBusinessLine · Market wrap ·