M&M shares rally 5% as co records highest ever SUV sales, grows by 25% YoY
- Posted on November 4, 2024
- By Business News Today
- 3 Views
M&M shares rally 5% as co records highest ever SUV sales, grows by 25% YoY
Mahindra & Mahindra's shares rose by 5.4% due to a 25% year-on-year growth in SUV sales, reaching 54,504 vehicles in October. The company also recorded its highest-ever tractor sales at 64,326 units. This growth was supported by a strong festive season, good crop yields, and favorable government policies.
