/ Mahindra & Mahindra Stock Rises After Tabling The 2017 Sales Figures ~ Ways2Capital|Stock Tips|Stock Market Tips|Intraday Stock Tips|Stock Trading Tips|NSE BSE Tips

Tuesday, 2 May 2017

The stock of Mahindra & Mahindra on Tuesday rose 0.5% after the company announced the sales figures of both the passenger vehicles segment and the tractor segment. The stock hit a high of Rs 1352.20 and a low of Rs 1326.50 so far during the day.

The stock is trading at Rs 1341 up by 0.5% at 12:19 PM IST on BSE. The sales numbers of passenger vehicles segment (domestic + exports) stood at 39,357 vehicles during April 2017, a decline of 6% as against 41,863 vehicles during April 2016. The Tractors segment included domestic plus exports sales of 26,001 units in April 2017, a 22% increase as against 21,386 units during April 2016, as per BSE filing.

Mahindra and Mahindra Limited is engaged in the manufacture of passenger cars, commercial vehicles and tractors. The Company's segments include Automotive, which is engaged in the sale of automobiles, spare parts and related services; Farm Equipment, which is engaged in the sale tractors, spare parts and related services.

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