40.50 (1.31%) Credit rating agency, CRISIL has reaffirmed its ratings on Mahindra & Mahindra’s (M&M) long-term bank facilities and Non-Convertible Debenture (NCD) programme at ‘AAA/Stable’ and for short-term facilities and Commercial Paper programme at ‘A1+’.
Mahindra & Mahindra (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.