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.

EDITORIAL OF THE DAY

  • A clean up of economy is an exercise that must have the widest-possible spread

    The noose appears to be tightening further on those that continue to dabble in black money or have made attempts to keep the tap open for black econom

FC NEWSLETTER

Stay informed on our latest news!

TODAY'S COLUMNS

Sandeep Bamzai

Cut & Thrust: A DANGEROUS NEW GREAT GAME

Push the enemy into an unreal world, one where he ...

Ananda Majumdar

Pitfalls of handing a walkover

Congress workers in Lucknow are said to be behind posters, ...

Zehra Naqvi

Creativity springs from being open to experimentation

When Albert Einstein published his first revolutionary paper on the ...