Mahindra & Mahindra Ltd.

BSE: 500520 | NSE: M&M
Large Cap | Automobiles - Passenger Cars
3159.35
30.20 (0.97%)
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M&M’s farm equipment sector sells 30,800 vehicles during October sales

Date: 03-11-2014

Mahindra & Mahindra’s Farm Equipment Sector (FES), a part of the $16.5 billion Mahindra Group, has maintained its leadership position in the Indian tractor industry during October 2014. Domestic sales in October 2014 stood at 30,800 units, as against 37,532 units during October 2013. Total tractor sales (domestic + exports) during October 2014 stood at 31,907 units, as against 38,263 units for the same period last year. Exports for the month stood at 1,107 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.