Mahindra & Mahindra Ltd.

BSE: 500520 | NSE: M&M
Large Cap | Automobiles - Passenger Cars
3083.50
-9.35 (-0.30%)
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M&M expects increase in demand in Bihar during upcoming festive season

Date: 26-09-2019

Mahindra & Mahindra (M&M) is expecting increase in demand in Bihar during the upcoming festive season, despite a slowdown in the economy. The optimism is based on factors like a good monsoon, resulting in a spike in rural income and liquidity, besides the recently-announced positive government initiatives.

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.