-65.60 (-2.08%) Credit rating agency -- India Ratings and Research (Ind-Ra) has affirmed Mahindra &Mahindra's (M&M) long-term issuer rating at 'AAA'. The outlook is stable.
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.