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

  • Relations between US and India will depend on how Trump and Modi hit it off personally

    Donald Trump may have borrowed another popular tagline from India: Be Indian and buy Indian.

FC NEWSLETTER

Stay informed on our latest news!

TODAY'S COLUMNS

Sandeep Bamzai

Disequilibrium: The cleansing & the yearning

As Twitter trolls went about their ugly business against Zaira ...

Kuruvilla Pandikattu

Bias and prejudice exist in science too

Religion has caused a lot of harm to humanity. ...

BK Chaturvedi

The politics of election

Elections in five states have been announced by the election ...