Mahindra Auto sells 32,226 SUV's and 61,114 vehicles overall in October 2022

Mahindra & Mahindra Ltd. (M&M Ltd.), one of India's leading automotive companies, today announced that its overall auto sales for the month of October 2022 stood at 61,114 vehicles.

In the Utility Vehicles segment, Mahindra sold 32,226 vehicles in October 2022. The Passenger Vehicles segment (which includes UVs, Cars and Vans) sold 32,298 vehicles in October 2022.

Exports for the month were at 2,755 vehicles. In the Commercial Vehicles segment, Mahindra sold 20,980 vehicles in October 2022.

According to Veejay Nakra, President, Automotive Division, M&M Ltd., "Our sales volume continued to grow in October on the back of strong festive demand. We sold 32,226 SUVs in October, registering a growth of 61% fueled by robust demand across our portfolio. Our Commercial Vehicles also registered strong growth for the month."

Shares of Mahindra & Mahindra Limited was last trading in BSE at Rs. 1353.80 as compared to the previous close of Rs. 1346.75. The total number of shares traded during the day was 187018 in over 5430 trades.

The stock hit an intraday high of Rs. 1366.30 and intraday low of 1346.40. The net turnover during the day was Rs. 253216429.00.

Source : Equity Bulls

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MahindraandMahindra INE101A01026 MandM AutoSales October2022