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    HomeNewsBusinessStocksM&M rises 2% as FM cuts excise duty on SUV to 24%

    M&M rises 2% as FM cuts excise duty on SUV to 24%

    At 12:05 hrs Mahindra and Mahindra was quoting at Rs 919.70, up Rs 17.10, or 1.89 percent.

    February 17, 2014 / 12:18 IST
       
       
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      In the Interim Budget, Finance Minister P Chidambaram reduced excise duty on SUVs from 30 percent to 24 percent.

      At 12:05 hrs Mahindra and Mahindra was quoting at Rs 919.70, up Rs 17.10, or 1.89 percent. It has touched an intraday high of Rs 919.70 and an intraday low of Rs 897.85.  It was trading with volumes of 23,806 shares. In the previous trading session, the share closed down 0.45 percent or Rs 4.05 at Rs 902.60.

      first published: Feb 17, 2014 12:09 pm

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