Mahindra & Mahindra (M&M) shares gained 3% after the company reported a 15% year-on-year (YoY) growth in total auto sales for February 2025, selling 83,702 vehicles, including exports. As of 9:29 AM, the shares were trading 2.70% higher at Rs 2,655.00.
Mahindra’s SUV segment continues to dominate, with 50,420 units sold in the domestic market, reflecting a 19% YoY increase. Including exports, total SUV sales stood at 52,386 units.
Commercial Vehicles & 3-Wheelers Performance
- LCV (2T – 3.5T): 19,155 units sold (+9% YoY).
- LCV > 3.5T + MHCV: 1,381 units sold (+23% YoY).
- Three-wheelers: 6,395 units sold (+4% YoY).
Exports Soar 99%
Mahindra’s global footprint expanded significantly, with 3,061 vehicles exported in February 2025, marking a 99% YoY surge. Year-to-date exports also rose 32%, totaling 30,566 units.
Veejay Nakra, President, Automotive Division, M&M, commented, “In February, we clocked SUV sales of 50420, a growth of 19% and 83702 total vehicles, a growth of 15%. This strong performance is a result of a continued positive momentum for our SUV portfolio.”
Mahindra & Mahindra shares opened at ₹2,613.80, reaching a high of ₹2,695.95 and a low of ₹2,612.55. The stock remains below its 52-week high of ₹3,270.95 but above the 52-week low of ₹1,788.80.
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