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Latest News | M&M Shares Climb over 2 Pc Post Sales Data
New Delhi, Jan 1 (PTI) Shares of Mahindra & Mahindra Ltd advanced over 2 per cent on Wednesday after the firm reported a 16 per cent rise in overall auto sales in December 2024.
The stock climbed 2.45 per cent to Rs 3,080.70 apiece on the BSE. Intra-day, it rallied 2.65 per cent to Rs 3,086.65.
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On the NSE, it ended at Rs 3,078 per share, up 2.35 per cent.
The company had posted an overall sales of 60,188 units in December 2023.
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Passenger vehicle sales stood at 41,424 units last month compared to 35,174 units in the year-ago period, up 18 per cent, Mahindra & Mahindra (M&M) said in a regulatory filing on Wednesday.
“The year ended on a high, as we became the only Indian auto company to attain the Dow Jones Sustainability Index (DJSI) world leader status within the auto sector,” M&M Ltd President, Automotive Division, Veejay Nakra said.
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