Mahindra & Mahindra Ltd.
BSE: 500520 | NSE: M&M
Large Cap | Automobiles - Passenger Cars
3178.65
58.20 (1.87%) M&M reports 1.22% drop in February production
Date: 07-03-2017Mahindra & Mahindra (M&M), India’s leading SUV manufacturer, has reported 1.22 % fall in its production to 44401 units in February 2017 as compared to 44950 units in same month last year. On the other hand, the company’s total sales for the month stood at 40414 vehicles, a fall of 2.26%, compared to 41348 vehicles during February 2016. Exports for February 2017 stood at 2,300 vehicles.
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.