Mahindra & Mahindra shares gain over 4% as sales rise

Tags: Companies
Shares of auto major Mahindra & Mahindra today went up by over four per cent as the company reported increase in total sales in June.

Mahindra & Mahindra's (M&M) scrip gained 4.03 per cent to close at Rs 1,194.15 on the BSE. In intra-day trade, it rallied 4.36 per cent to Rs 1,198.

At the NSE, the auto firm's stock rose by 4.25 per cent to settle at Rs 1,196.

In terms of volume, 1.16 lakh shares of the company changed hands at the BSE, while more than 9 lakh shares were traded at the NSE.

The company today reported a marginal increase in total sales at 38,471 units in June as against 38,092 units in the same month last year.

The domestic sales also rose marginally at 36,457 units last month from 36,207 a year earlier.

Post new comment

E-mail ID will not be published
CAPTCHA
This question is for testing whether you are a human visitor and to prevent automated spam submissions.

EDITORIAL OF THE DAY

  • Steps towards transparency in the real estate sector are long overdue

    Searching for black money in India’s real estate sector, which constitutes 11 per cent of the country’s $ 2 trillion GDP, is like searching for th

FC NEWSLETTER

Stay informed on our latest news!

INTERVIEWS

GV Nageswara Rao

MD & CEO, IDBI Federal Life

Timothy Moe

Goldman Sachs

Chander Mohan Sethi

CMD, Reckitt Benckiser India

COLUMNIST

Varun Dutt

Reaping from the core of the earth

Geothermal energy is energy generated from inside the earth’s crust. ...

Zehra Naqvi

For the love of language

A video doing the rounds in social media these days ...

Dharmendra Khandal

‘Poop’ coffee anyone? If civets suffer, so be it

That a drink which proudly associates itself with animal poop ...

INTERVIEWS

William D. Green

Chairman & CEO, Accenture