Mahindra Auto sells 42,401 SUVs, a 40% growth and total volumes of 72,923, a growth of 24% in February 2024

Mahindra & Mahindra Ltd. (M&M Ltd.), one of India's leading automotive companies, today announced that its overall auto sales for the month of February 2024 stood at 72,923 vehicles, a growth of 24%, including exports.

In the Utility Vehicles segment, Mahindra sold 42,401 vehicles in the domestic market, a growth of 40% and overall, 42,941 vehicles, including exports. The domestic sales for Commercial Vehicles stood at 22,825.

According to Veejay Nakra, President, Automotive Division, M&M Ltd., "We sold a total of 42,401 SUVs in February, with a growth of 40% and 72,923 total vehicles, a 24% growth over last year. In our endeavour to make some of our SUVs available faster to consumers, we launched the Scorpio N Z8S variant and the Thar Earth edition this month."

Shares of Mahindra & Mahindra Limited was last trading in BSE at Rs. 1933.80 as compared to the previous close of Rs. 1901.00. The total number of shares traded during the day was 54781 in over 5348 trades.

The stock hit an intraday high of Rs. 1950.05 and intraday low of 1892.85. The net turnover during the day was Rs. 106018493.00.

Source : Equity Bulls

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MahindraandMahindra INE101A01026 SalesVolume February2024