Mahindra Auto sells 40,631 SUVs, a 13% growth and total volumes of 68,413 in March 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 March 2024 stood at 68,413 vehicles, a growth of 4%, including exports.

In the Utility Vehicles segment, Mahindra sold 40,631 vehicles in the domestic market, a growth of 13% and overall, 41,161 vehicles, including exports. The domestic sales for Commercial Vehicles stood at 20,930.

According to Veejay Nakra, President, Automotive Division, M&M Ltd., "We ended the financial year F24 on a positive note with Mahindra PikUps crossing 2 lakh units during the year, which is the highest ever for any commercial vehicle in the load segment in India. In March, we sold a total of 40,631 SUVs, with a growth of 13% and 68,413 total vehicles, a 4% growth over last year."

Shares of Mahindra & Mahindra Limited was last trading in BSE at Rs. 1921.35 as compared to the previous close of Rs. 1878.90. The total number of shares traded during the day was 92264 in over 9107 trades.

The stock hit an intraday high of Rs. 1962.10 and intraday low of 1872.45. The net turnover during the day was Rs. 177313977.00.

Source : Equity Bulls

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MahindraandMahindra INE101A01026 SalesVolume March2024