Mahindra & Mahindra Ltd.
BSE: 500520 | NSE: M&M
Large Cap | Automobiles - Passenger Cars
3159.35
30.20 (0.97%) M&M’s farm equipment sector reports 10.36% drop in April sales
Date: 02-05-2014Mahindra & Mahindra’s (M&M) Farm Equipment Sector (FES), a part of the $16.7 billion Mahindra Group, has reported domestic sales for April 2014 which stood at 19,895 units, a drop of 10.36%, as against 22,196 units during April 2013.
The total tractor sales i.e. domestic plus exports during April 2014 stood at 20,731 units, as against 23,202 units for the same period last year. Exports for the month stood at 836 units.
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.