Mahindra & Mahindra Ltd.
BSE: 500520 | NSE: M&M
Large Cap | Automobiles - Passenger Cars
3199.35
-22.00 (-0.68%) M&M reports 33% rise in October production
Date: 05-11-2015Mahindra & Mahindra (M&M), India’s leading SUV manufacturer, has reported 32.90% rise in its production to 52731 units in October 2015 as compared to 39678 units in same month last year. Further, the company’s auto sales numbers stood at 51,383 units during October 2015 as against 42,780 units during October 2014, registering a growth of 20%.
M&M is the flagship company of the Mahindra Group, a multinational conglomerate based in Mumbai, India. Amongst the various business interests of its parent group, the company is mainly involved in the automobile manufacturing. It is one of the leading auto companies of India.