StocksMedium•1 November 2026•
1 min read
Tata Motors and Mahindra & Mahindra Report Record Sales Growth in October 2026
Key Facts
1Tata Motors reported a 23% year-on-year increase in total sales for October 2026, driven by domestic demand and EVs.
2Mahindra & Mahindra reached record monthly sales of 131,109 units in October 2026, a 9% year-on-year increase.
Tata Motors reported a 23% year-on-year increase in total sales for October 2026, driven by domestic demand and electric vehicles according to Benzinga. Simultaneously, Mahindra & Mahindra reached a new monthly sales record of 131,109 units in October, marking a 9% increase over the previous year.
Velusamy R, President of the Automotive business at Mahindra & Mahindra, stated that SUV sales reached 73,338 units, the highest ever for any month, while exports surged 77% to 7,102 units. MAHMF closed at $29.45 on October 30, 2026, amid broader economic data showing India's industrial production grew by 6.7% on October 28, 2026.