Mahindra Auto sells 41,008 SUVs, a 18% growth and total volumes of 70,471, a 13% growth in April 2024

Mahindra & Mahindra Ltd. (M&M Ltd.), one of India's leading automotive companies, has announced that its overall auto sales for the month of April 2024 stood at 70,471 vehicles, a growth of 13%, including exports.

In the Utility Vehicles segment, Mahindra sold 41,008 vehicles in the domestic market, a growth of 18% and overall, 41,542 vehicles, including exports. The domestic sales for Commercial Vehicles stood at 22,102.

According to Veejay Nakra, President, Automotive Division, M&M Ltd., "We sold a total of 41,008 SUVs in April, a growth of 18% and 70,471 total vehicles, a 13% growth over last year. In April, we launched the XUV 3XO, tailored to a broad spectrum of customers across categories. With a unique blend of innovation, safety, comfort, performance and price starting at INR 7.49lakhs, the XUV3XO is set to be the new disrupter in the compact SUV space."

Shares of Mahindra & Mahindra Limited was last trading in BSE at Rs. 2192.95 as compared to the previous close of Rs. 2184.45. The total number of shares traded during the day was 263758 in over 7308 trades.

The stock hit an intraday high of Rs. 2210.00 and intraday low of 2172.90. The net turnover during the day was Rs. 579702238.00.

Source : Equity Bulls

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MahindraandMahindra INE101A01026 SalesVolume April2024