Business Standard

M&M surges 2.4 per cent

Read more on:    Scorpio | Xylo | M&m
Related News

The stock gained 2.4 per cent to Rs 1,178.15, a lifetime high, after the company announced more than 100 per cent growth in its domestic auto sales for the month of December 2009. The domestic auto sales stood at 22,754 units, as against 10,253 units in December 2008, up 2.22 times.

The Utility Vehicles sales in December 2009, which includes the , the , the Bolero and Pick-Ups, stands at 16,999 units as against 7,726 units in December 2008, a growth of 2.20 times. The company announced the launch of the Maxximo, the world’s first mini truck, powered by a 2-cylinder CRD engine with DDHC technology and 4 valves per cylinder.

Read more on:   
|
|

Quick Links

 

Market News

Sebi revises norms for liquidity enhancement schemes

Exchanges can provide trading incentives for three years

Slow start for VIX futures

High costs, lot size said to be impediments

Traders trim positions ahead of poll results

Rollovers decline; open interest drops

Sebi's Draft Fatca norms: Greater scrutiny ahead for high-value US a/cs

Individual accounts with holdings of more than $1 mn will come under greater scrutiny; those with balances less than $50,000 will be exempt from ...

Cairn India puts up a good show

Medium-term prospects remain good, but company faces challenges on the production front

Back to Top