On 3rd March

Shares of Mahindra & Mahindra slipped 3 percent intraday on Tuesday after its February sales number was disappointing. The auto manufacturer reported 10 percent decline in total sales at 38,033 units in February. It had sold 42,166 units in the same month last year, the company said in a statement. In domestic market, M&M's sales declined by 11 percent to 34,918 units last month as against 39,338 units a year earlier.

However, exports were up 10 percent at 3,115 units from 2,828 units in the same period a
year earlier. Sales of passenger vehicles, including Scorpio, XUV 500, Xylo, Bolero and
Verito stood at 18,103 units compared with 19,308 units in February 2014, down 6 percent.

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