Sep 10, 2013, 08.46 PM IST
Snapping a nine-month streak of decline, domestic passenger car sales grew by 15.37 percent to 1,33,486 units in August this year, compared to 1,15,705 units in the same month last year.
Industry body Society of Indian Automobile Manufacturers (SIAM), however, played down the feat saying the growth was mainly due to low base effect as a result of the month-long lockout last year at the country's largest car maker Maruti Suzuki India (MSI) Manesar plant.
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Hyundai Motor India Ltd registered a marginal increase during the month at 28,281 units as against 28,192 units last year. Tata Motors saw its sales plunge by 50.57 percent to 8,761 units as against 17,727 units in August last year.
M&M stock price
On December 12, 2013, at 11:19 hrs Mahindra and Mahindra was quoting at Rs 949.00, down Rs 1.55, or 0.16 percent. The 52-week high of the share was Rs 1026.45 and the 52-week low was Rs 741.50.
The company's trailing 12-month (TTM) EPS was at Rs 59.31 per share as per the quarter ended September 2013. The stock's price-to-earnings (P/E) ratio was 16. The latest book value of the company is Rs 238.22 per share. At current value, the price-to-book value of the company is 3.98.
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