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M&M inches up on reporting 20% growth in auto sales during October 2024
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Mahindra & Mahindra is currently trading at Rs. 2884.50, up by 1.25 points or 0.04% from its previous closing of Rs. 2883.25 on the BSE.
The scrip opened at Rs. 2860.80 and has touched a high and low of Rs. 2889.90 and Rs. 2850.00 respectively. So far 2724 shares were traded on the counter.
The BSE group 'A' stock of face value Rs. 5 has touched a 52 week high of Rs. 3221.10 on 27-Sep-2024 and a 52 week low of Rs. 1474.00 on 06-Nov-2023.
Last one week high and low of the scrip stood at Rs. 2968.35 and Rs. 2673.00 respectively. The current market cap of the company is Rs. 358540.45 crore.
The promoters holding in the company stood at 18.54%, while Institutions and Non-Institutions held 68.30% and 13.15% respectively.
Mahindra & Mahindra’s (M&M) overall auto sales for the month of October 2024 stood at 96648 vehicles, including exports as compared to 80679 vehicles in October 2023, i.e. up by 19.79%.
In the Utility Vehicles segment, the company sold 54504 vehicles in the domestic market, a growth of 25% and overall, 55571 vehicles, including exports. The domestic sales for Commercial Vehicles stood at 28812.
Mahindra & Mahindra is the flagship company of the Mahindra Group, a multinational conglomerate based in Mumbai, India. Amongst the various business interests of its parent group, the company is mainly involved in the automobile manufacturing. It is one of the leading auto companies of India.
