M&M shares drop 7% following XUV700 AX7 price cut

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M&M slashes XUV700 price by 10% from ₹21.5 lakh to ₹19.5 lakh

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Tata Motors slashes Harrier price from ₹15.5 lakh to ₹15 lakh and Safari SUV price from ₹16.2 lakh to ₹15.5 lakh

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Price reductions signal weakened demand amid consumer behavior shifts

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XUV700 Milestone: Mahindra's fastest-selling car exceeds 1.5 lakh units in 30 months

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Mahindra & Mahindra: June bookings surge 23%, no concerns about unsold inventory

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Market Update: M&M shares down 5.7% at ₹2,760 despite 62% gain in 2024 

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