Synopsis
The recovery in the automobile segment may offset the pressure on the tractors division owing to the higher base in the last fiscal year. The total order booking of the auto segment rose to 160,000 units in the quarter, of which XUV 700 accounted for 70,000 units.
ET Intelligence Group: Mahindra & Mahindra’s (M&M) stock has gained 7 per cent since its second-quarter result on Tuesday following a strong momentum in the sports utility vehicles (SUV) segment. The recovery in the automobile segment may offset the pressure on the tractors division owing to the higher base in the last fiscal year.
The total order booking of the auto segment rose to 160,000 units in the quarter, of which XUV 700 accounted for
- FONT SIZE
AbcSmall
AbcMedium
AbcLarge
Sign in to read the full article
You’ve got this Prime Story as a Free Gift
₹399/month
Monthly
PLAN
Billed Amount ₹399
₹208/month
(Save 49%)
Yearly
PLAN
Billed Amount ₹2,499
15
Days Trial
+Includes DocuBay and TimesPrime Membership.
₹150/month
(Save 63%)
2-Year
PLAN
Billed Amount ₹3,599
15
Days Trial
+Includes DocuBay and TimesPrime Membership.
Already a Member? Sign In now
THE GREAT DIWALI OFFER
GET FLAT 30% OFF
ON ET PRIME MEMBERSHIP
Get Offer
Why ?
Exclusive Economic Times Stories, Editorials & Expert opinion across 20+ sectors
Stock analysis. Market Research. Industry Trends on 4000+ Stocks
Clean experience with
Minimal AdsComment & Engage with ET Prime community
Exclusive invites to Virtual Events with Industry Leaders
A trusted team of Journalists & Analysts who can best filter signal from noise
For all the latest Business News Click Here
For the latest news and updates, follow us on Google News.