M&M spurts over 2% ahead of April sales numbers

Shares of auto major, Mahindra & Mahindra (M&M) surged more than 2 per cent ahead of sales numbers for the month of April. The results are schedule to be announced on next week.

Mahindra & Mahindra had earlier dropped its sales forecast for the year after government had said that it could impose additional tax on diesel vehicles.

Shares of the company touched a days high of Rs 721.50, and were currently trading at Rs 717.50, up 1.92 per cent on BSE.

In a similar fashion, shares of the company were quoting at Rs 717.50 a piece, up 1.94 per cent on the National Stock Exchange (NSE).

Meanwhile, the broader benchmark Sensex was quoting at 17,194.09, up 63.42 points at 10:50 hours.