M&M LTD. IN FOCUS AFTER RECORD OCTOBER SALES

Shares of Mahindra & Mahindra Ltd. will remain in focus on November 2 after the automaker reported strong sales figures for October 2026, marking a record-breaking month for the company. In the passenger vehicle segment, Mahindra recorded domestic sales of 73,338 units, registering a 2% year-on-year growth. The company reported total vehicle sales of 1,31,109 units during October, while SUV sales reached 73,338 units. Both figures marked the highest monthly sales recorded by the company. Commenting on the performance, Velusamy R, President of Automotive Business at Mahindra & Mahindra, said October was a landmark month, with strong festive-season demand and a refreshed product portfolio supporting sales across SUVs, pick-ups and three-wheelers. He also highlighted the encouraging customer response to the company's first CNG vehicle, the XUV 3XO ZNG. Meanwhile, the company's board of directors is scheduled to meet on Thursday, November 5, 2026, to consider and approve the unaudited standalone and consolidated financial results for the second quarter and half year ended September 30, 2026. Mahindra & Mahindra shares recorded a 52-week high of Rs 3,840.00 on January 5, 2026, and a 52-week low of Rs 2,743.15 on October 8, 2026. Currently, the stock is trading 25.94% below its 52-week high and 3.68% above its 52-week low.