58.20 (1.87%) Mahindra Tractors, a farm equipment sector (FES) of Mahindra & Mahindra, has reported tractor sales numbers for October 2016. Domestic sales in October 2016 were at 43,826 units, as against 27,280 units during October 2015.
Total tractor sales (domestic + exports) during October 2016 were at 45,177 units, as against 28,081 units for the same period last year. Exports for the month stood at 1,351 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.