M&M shares down over 2 pc as sales fall in Nov

Stocks of Mahindra & Mahindra today fell by over 2 per cent after the company reported 13 per cent decline in total sales in November.
Shares of the auto major declined 2.09 per cen to end at Rs 1,296.10 on the BSE. During the day, it lost 6.98 per cent to Rs 12,31.25 .
At the NSE, it slipped 2.15 per cent to settle at Rs 1,295.35.
Mahindra & Mahindra today reported 13 per cent decline in total sales at 34,292 units in November.
It had sold 39,254 units in the same month last year, the company said in a statement.

M&M's domestic sales declined by 11 per cent to 32,100 units last month as against 36,261 units a year earlier.
Sales of passenger vehicles including Scorpio, XUV 500, Xylo, Bolero and Verito stood at 13,765 units, compared to 16,771 units in November 2013, down 18 per cent.