Mutual Funds Commodities Research Tax Planning IPO Our Team Contact Us    
Google
Web www.equitybulls.com
Union Budget
Budget 2011-2012 Home
Industry Expectations - Budget 2011-2012
Industry Reactions - Budget 2011-2012
Budget 2010-2011
Budget 2010-2011 Home
Industry Expectations - Budget 2010-2011
Industry Reactions - Budget 2010-2011
Contributor's Corner
Bonanza Portfolio
Hemant K Gupta
Krish Bhatt
S A A R T H I
Trinity Investments
Exchange Information
BSE 2009 Holidays
NSE 2009 Holidays
Investor Guide
Depository & Dematerialisation
Grievance Redressal
Investor Guide
SEBI
Trading of Securities
Transfer of Securities
Your Rights
Budget 2009-2010
Budget 2009-2010 Home
Industry Expectations - Budget 2009-2010
Industry Reactions - Budget 2009-2010
Interim Budget 2009-2010 Home
Industry Expectations - Interim Budget 2009
Budget 2008-2009
Railway Budget 2008-2009
Industry Expectations - Budget 2008
Union Budget 2008-2009
Highlights of Budget 2008-2009
Summary of Budget 2008-2009
Industry Reactions - Budget 2008
IPOs
Current IPOs
Past IPOs
IPO Subscription
Mutual Funds
Gold Exchange Traded Fund
MF Unique Holding
Forthcoming Dividends
ELSS Schemes Comparison
Tax Plans
New Fund Offers
Research
Arbitrages
Equity
Market Whispers
Tax Planning
Home
Equity Linked Savings Scheme
Post Office MIS
9% GOI Senior Citizens Savings Scheme
8% Savings (Taxable) Bonds
Kisan Vikas Patra
National Savings Certificate
Public Provident Fund
Stock Report

| More
M&M registers 18% growth in Auto Sales during November 2012

Mahindra & Mahindra Ltd. (M&M Ltd.), India's leading SUV manufacturer, announced a 18% rise in its auto sales numbers, which stood at 48143 units during November 2012 as against 40722 units during November 2011.

The company's domestic sales stood at 46755 units during November 2012, as against 38159 units during November 2011, an increase of 23%. The Passenger Vehicles segment (which includes the UVs and Verito) registered a growth of 38%, having sold 24604 units in November 2012, as against 17813 units during November 2011.

The 4 wheeler commercial segment which includes the passenger and load categories has registered a growth of 7% at 14353 units, while the 3 wheeler segment grew by 17% at 6867 units in November 2012. Exports for the month of November 2012 stood at 1388 units.

Speaking on the performance for the month Pravin Shah, Chief Executive, Automotive Division, Mahindra & Mahindra said, "The recently announced GDP numbers are in line with expectations and we do not foresee any immediate impact on the monetary policy. Till there is a decrease in interest rates for corporate or retail credits, financing rates will remain high for auto customers which is a cause of concern. However we expect interest rates to reduce during the last quarter of the current financial year. We are happy to maintain our growth trend on the back of our portfolio of products especially the Quanto which has crossed more than 12,000 bookings in just over two months".

Source: Equity Bulls

Posted On: 2012-12-01 10:15:42

Click here to send ur comments or to feedback@equitybulls.com





Other Headlines:

Soundarya Rajinikanth joins Eros International as Director Creative & Strategy
Liberty Group Targets Rs 1000 crores In The Coming 3-4 Years
Fertiliser Association of India shares its views on closure of 3 Urea Plants in Karnataka, Tamil Nadu
Eros International and Maddock Films partner for Badlapur
Tree House acknowledged as India's Most Trusted Pre-School Brand
Jindal ITF announces project driven partnership with SULA
Eros International and R. Balki team up once again for Shamitabh
Astral Poly Technik acquires 80% controlling stake in UK based SEAL IT services Ltd for Rs. 440 million
Tata Motors in association with Singham Returns gifts two Tata Sumo Gold UV's to the Mumbai Police
Kingfisher Premium amongst India's top 50 most valuable brands
HomeShop18 makes payment easy with Paytm Wallet
ASK Pravi Private Equity acquires majority stake in Gatcforurn from Educomp
HCL Infosystems Ltd Fixes Book Closure for 28th AGM
Prime Focus Ltd skips dividend
Sarup Industries Ltd Fixes Book Closure for Dividend & 35th AGM
Simran Farms Ltd Fixes Book Closure for 2013-14 AGM
Birla Power Solutions Ltd appoints additional directors
ABG Infralogistics Ltd Fixes Book Closure for 30th AGM
Avonmore Capital & Management Services Ltd Fixes Book Closure for 2013-14 AGM
Almondz Global Securities Ltd Fixes Book Closure for 2013-14 AGM
Axon Finance Ltd Fixes Book Closure for 29th AGM
Himatsingka Seide Ltd Fixes Book Closure for 2013-14 Dividend & AGM
MSR India Ltd Fixes Book Closure for 31st AGM
Sujana Towers Ltd Fixes Book Closure for 2013-14 AGM
Aryaman Financial Services Ltd Fixes Book Closure for 20th AGM
Chandra Prabhu International Ltd Fixes Book Closure for 29th AGM
Aagam Capital Ltd Fixes Book Closure for 2013-14 AGM
Patidar Buildcon Ltd Fixes Book Closure for 2013-14 AGM
Milestone Global Ltd Fixes Book Closure for 2013-14 AGM
Thomas Scott (India) Ltd Fixes Book Closure for 4th AGM
Five X Finance & Investment Ltd Fixes Book Closure for 5th AGM
Centrum Capital Ltd skips dividend for 2013-14
OTCO International Ltd Fixes Book Closure for 33rd AGM
AstraZeneca Pharma India Ltd Fixes Book Closure for 35th AGM
Ashoka Buildcon Ltd suspends toll collection for Dhule Bypass Road
Zenith Exports Ltd Fixes Book Closure for 32nd AGM
CIL Nova Petrochemicals Ltd Fixes Book Closure for 10th AGM
V-Mart Retail Ltd Fixes Book Closure for Dividend & 12th AGM
Tavernier Resources Ltd Fixes Book Closure for 20th AGM
Bang Overseas Ltd Fixes Book Closure for 22nd AGM
G.D. Trading & Agencies Ltd Fixes Book Closure for 2013-14 AGM
JJ Finance Corporation Ltd announces change in Directorate
Tricom Fruit Products Ltd Fixes Book Closure for 20th AGM
Syschem India Ltd Fixes Book Closure for 2013-14 AGM
Towa Sokki Ltd Fixes Book Closure for 22nd AGM
Tricom India Ltd Fixes Book Closure for 22nd AGM
NTPC Ltd's AGM approves dividend for 2013-14
Bajaj Electricals Ltd bags new orders for Transmission Lines
Syschem India Ltd to consider dividend on preference shares
DCW Ltd announces change in Directorate




  

Website Created & Maintained by : Chennai Scripts
West Mambalam, Chennai - 600 033,
Tamil Nadu, India

disclaimer copyright © 2005 - 2014