Mahindra & Mahindra rose 1.77% to Rs 661.80 at 12:13 IST on BSE after the company said on Tuesday, 1 April 2008, its vehicle sales rose 20% to 24,682 units in March 2008 over March 2007.
The stock hit a high of Rs 680 and a low of Rs 655 so far during the day. The stock had a 52-week high of Rs 872 on
The company’s current equity is Rs 245.74 crore. Face value per share is Rs 10.
The current price of Rs 661.80 discounts its Q3 December 2007 annualized EPS of Rs 67.79, by a PE multiple of 9.76.
M&M’s net profit rose 67.6% to Rs 405.15 crore on 14.1% growth in net sales to Rs 2940.15 in Q3 December 2007 over Q3 December 2006.
Mahindra & Mahindra (M&M) said domestic auto sales, including utility vehicles, light commercial vehicles and three-wheelers, rose 17% to 23,128 units in March 2008 over March 2007. Exports more than doubled to 1,554 units from 754 units.
Mahindra & Mahindra (M&M)’s sales rose 30% to 2,31,355 vehicles, in the financial year to March 2008 over the financial year to March 2007.
M&M’s tractor sales rose 8% to 8,403 units in March 2008 over March 2007. Its tractor sales declined 4% to 98,710 units in the financial year to March 2008 over the financial year to March 2007.
The company is engaged in manufacturing and distributing automobiles and farm equipment.
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