News > M&M in demand after XUV 700 receives strong response

M&M in demand after XUV 700 receives strong response

Business Standard | 07/10/2021 05:39 PM | Click to read full article

Mahindra & Mahindra (M&M) jumped 5.24% to Rs 877.45 after the automobile maker received a strong response for its newly launched XUV 700 SUV. In a stock exchange filing on Thursday (M&M) said that Mahindra XUV700 clocked 25,000 bookings in 57 minutes of its booking commencement which is an unprecedented milestone in the Indian automotive industry.

The volume of 25,000 XUV700s made available today at the launch prices reflects up to six months of production depending on the variant.