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M&M Hits A Record High On Healthy Bookings For New Scorpio-N

Shares of Mahindra & Mahindra Ltd. surged to a record high on robust bookings for its new SUV Scorpio-N.The Scorpio-N recorded 25,000 bookings within one minute of booking commencement, and over 1 lakh under half an hour, the automaker said in an exchange filing on Saturday. The bookings, it said, translated to an ex-showroom value of Rs 18,000 crore or $2.3 billion.The deliveries will begin on Sept. 26. The company expects to delive…

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