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    HomeNewsBusinessMoneycontrol ResearchAuto segment comes to M&M’s rescue, any upside?

    Auto segment comes to M&M’s rescue, any upside?

    New products to drive growth despite commodity pressure and muted outlook for the tractor segment

    Nitin Agrawal
    August 08, 2022 / 09:49 IST
    Mahindra & Mahindra | CMP: Rs 1,234.50 | The scrip jumped 6 percent on August 1 hitting all-time high after it recorded 1,00,000 bookings for the all-new Scorpio-N within 30 minutes of booking commencement on Saturday. The rush has translated into a book value of Rs 18,000 crore on ex-showroom price basis. The firm said the enthusiasm for the SUV was so high that it recorded 25,000 bookings within the first one minute.
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    This Research Report / Research Recommendation has been published by Moneycontrol Dot Com India Limited (hereinafter referred to as “MCD”) which is a registered Investment Advisor under the Securities and Exchange Board of India (Investment Advisers) ...Read More