M&M shares rally 4% after Mahindra launches new SUV to fight Tata Nexon
Tue, Apr 30, 2024 12:01 PM

M&M shares rally 4% after Mahindra launches new SUV to fight Tata Nexon

A Flip by Avya Verma
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Shares of Mahindra & Mahindra jumped over 4% on Tuesday to hit a fresh record high of Rs 2,152.15 after the company launched a compact SUV named XUV 3XO in competition with its peers like Tata Nexon, Hyundai Venue and Maruti Suzuki Brezza.The price of the SUV starts from Rs 7.49 lakh. Appealing to multiple segments, XUV 3XO aims to transcend the expectations of the new-age SUV buyers.

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