The stocks relating to the auto industry were trading lower, amid weak December sales data from some of the companies. Mahindra & Mahindra’s (M&M) Farm Equipment Sector (FES) has reported 17.66% fall in total tractor sales (Domestic + Exports) during December 2023 at 19,138 units, as against 23,243 units for the same period last year, while Maruti Suzuki India has reported a 1.28 per cent decline in total sales at 1,37,551 units in December 2023. The company had posted total sales of 1,39,347 units in the same month a year ago. Further, Escorts Kubota’s Agri Machinery Business Division has sold 4,536 tractors in December 2023 as against 5,573 tractors sold in December 2022, registering a fall of 18.6%.
Mahindra & Mahindra is currently trading at Rs. 1706.65, down by 19.50 points or 1.13% from its previous closing of Rs. 1726.15 on the BSE.
Maruti Suzuki India is currently trading at Rs. 10280.00, down by 19.40 points or 0.19% from its previous closing of Rs. 10299.40 on the BSE.
Escorts Kubota is currently trading at Rs. 2978.75, down by 7.20 points or 0.24% from its previous closing of Rs. 2985.95 on the BSE.
Company Name | CMP |
---|---|
Maruti Suzuki | 12600.00 |
Mahindra & Mahindra | 2504.50 |
Mercury Metals | 74.30 |
Hindustan Motors | 40.61 |
Suzuki (India) | |
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