The company registered 18% year-on-year rise in auto sales at 48,143 units during November 2012.
India's largest manufacturer of utility vehicles and SUVs sold 48,143 units in November compared to 40,722 units sold during corresponding period a year earlier.
“The company’s domestic sales stood at 46,755 units during November 2012, as against 38,159 units during November 2011, an increase of 23%,” M&M said in a press release.
The passenger vehicles segment (which includes the UVs and Verito) registered a growth of 38%, having sold 24,604 units in November 2012, as against 17,813 units during November 2011, it added.
The stock opened at Rs 950 and is trading higher by around 2% at Rs 962 on the BSE. So far, a combined 228,772 shares of Mahindra and Mahindra have changed hands on the counter on both the exchanges.
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