Credit rating agency, India Ratings & Research, a Fitch Group Company, has assigned a long-term issuer rating of ‘AAA’ to Mahindra & Mahindra (M&M), with a stable outlook. The rating indicates highest degree of safety regarding timely servicing of financial obligations.
Mahindra & Mahindra (M&M) is the flagship company of the Mahindra Group, a multinational conglomerate based in Mumbai, India. Amongst the various business interests of its parent group, the company is mainly involved in the automobile manufacturing. It is one of the leading auto companies of India.
