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M&M auto sector sales climb 20% in October
Source: IRIS | 02 Nov, 2015, 10.00AM
Rating: NAN / 5 stars.
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Mahindra & Mahindra (M&M), a passenger, commercial and utility vehicles maker, announced auto sales numbers which stood at 51,383 units during October 2015 as against 42,780 units during October 2014, registering a growth of 20%.

The passenger vehicles segment sales gained 19% to 24,060 units against 20,255 units in October 2014.

The company's domestic sales stood at 48,815 units during October 2015 as against 40,278 units during October 2014.

In October 2015, the medium and heavy commercial vehicles segment sold 581 units, registering a growth of 169%.  The company's exports for October 2015 stood at 2,568 units registering a growth of 3%.

Shares of the company gained Rs 35.5, or 3%, to trade at Rs 1,218. The total volume of shares traded was 14,797 at the BSE (9.56 a.m., Monday).

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