Home Commercial trading M & M’s commercial vehicle sales in June increased 25% year-on-year to 12,694; Stocks are trading flat

M & M’s commercial vehicle sales in June increased 25% year-on-year to 12,694; Stocks are trading flat

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Mahindra & Mahindra Limited’s utility vehicle production increased 85% year-on-year to 15,233 in June 2021, compared to 8,226 vehicles in June 2020.

Commercial vehicle sales during the month of June 2021 increased 22% year-on-year to 12,694 from 10,417 vehicles in June 2020. Commercial vehicle exports increased to 1,423 from 595 in June 2020.

The Bolero diesel vehicle remained the most demanded vehicle during the month with production of 8,037 in June 2021 compared to 347 vehicles in June 2020. Bolero sales in June 2021 increased to 5,744 from 3,292 in June 2020. Exports are increased from 38 vehicles to 3 vehicles in June 2020.

Scorpio was the second most requested with a production of 3,666 vehicles in June 2021 compared to 2,649 in June 2020. Scorpio sales increased to 4,160 in June 2021 compared to 2,574 in June 2020. Exports increased to 139 from 58 vehicles in June 2020 .

Demand for Mahindra Thar (diesel vehicle) increased from production of 10 vehicles in June 2020 to 1964 in June 2021. Sales increased from new in June 2020 to 761 in June 2021.

At around 10:14 am, Mahindra & Mahindra Ltd was trading at Rs776.10 per coin, up Rs3.15 or 0.41% from its previous close of Rs772.95 per coin on BSE.

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