Mahindra & Mahindra Ltd.

BSE: 500520 | NSE: M&M
Large Cap | Automobiles - Passenger Cars
3178.65
58.20 (1.87%)
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M&M's FES sells 13,543 tractors in August 2016

Date: 01-09-2016

Mahindra Tractors, a farm equipment sector (FES) of Mahindra & Mahindra, has recorded total tractor sales (domestic + export) at 13543 units in August 2016 as compared to 11699 units in August 2015 thus showing a growth in sales by 16%. Of total, domestic sales being 12327 units in August 2016, registered a 15% growth as compared to 10751 units in August 2015. The export for month stood at 1216 units as against 948 units in August 2015 with 20% growth.

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.