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Mahindra & Mahindra Ltd. ( ($IN:M&M) ) has shared an announcement.
Mahindra & Mahindra Ltd. announced that ICRA Limited has reaffirmed its credit ratings, maintaining an [ICRA]AAA (Stable) rating for its Non-Convertible Debenture Programme and long-term non-fund based facilities, and an [ICRA]A1+ rating for its short-term non-fund based facilities. This reaffirmation indicates strong financial stability and creditworthiness, positively impacting the company’s market perception and reassuring stakeholders about its robust financial health.
More about Mahindra & Mahindra Ltd.
Mahindra & Mahindra Ltd. is a prominent Indian multinational corporation operating in the automotive industry, known for manufacturing a wide range of vehicles including SUVs, commercial vehicles, and two-wheelers. The company also has a significant presence in agribusiness, aerospace, and information technology sectors, focusing on innovation and sustainability.
Average Trading Volume: 149,177
Current Market Cap: 3929.8B INR
For an in-depth examination of M&M stock, go to TipRanks’ Overview page.