M & M shares up over 2% as sales grow in June

A worker cleans a logo of Mahindra & Mahindra, India's largest utility vehicles maker, inside their showroom in Chennai

  Shares of auto major Mahindra & Mahindra on Friday rose by over 2% after the company reported an 8% rise in total sales in June.

The stock ended the day with a gain of 2.22% at Rs 1,460.70 on BSE. During the day, it went up by 3% to Rs 1,472.50.

At NSE, shares of the company rose by 2.31% to close at Rs 1,463.10.

Mahindra & Mahindra today reported an 8% rise in total sales to 39,011 units in June.

The company had sold 36,134 units in the same month last year.

In the domestic market, sales were up 5% at 34,991 units last month compared with 33,282 units in June 2015, M&M said in a statement.

Exports surged 41% to 4,020 units during the month as against 2,852 in June last year, it added.