Mahindra Auto sells 40,022 SUVs, a 23% growth and total volumes of 69,397, a 11% growth in June 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 June 2024 stood at 69,397 vehicles, a growth of 11%, including exports.

In the Utility Vehicles segment, Mahindra sold 40,022 vehicles in the domestic market, a growth of 23% and overall, 40,644 vehicles, including exports. The domestic sales for Commercial Vehicles stood at 20,594.

According to Veejay Nakra, President, Automotive Division, M&M Ltd., "We sold a total of 40,022 SUVs in June, a growth of 23% and 69,397 total vehicles, a 11% growth over last year. June has been a momentous month, as we rolled out the 200,000th XUV700 from our facility. We also celebrated 25 years of Bolero Pik-Ups, a category creator and a market leader in the LCV segment."

Shares of Mahindra & Mahindra Limited was last trading in BSE at Rs. 2868.20 as compared to the previous close of Rs. 2884.80. The total number of shares traded during the day was 159236 in over 17265 trades.

The stock hit an intraday high of Rs. 2895.00 and intraday low of 2854.65. The net turnover during the day was Rs. 457604046.00.

Source : Equity Bulls

Keywords

MahindraandMahindra INE101A01026 SalesVolume SUVs AutoSales Exports June2024