Mahindra & Mahindra Ltd.
BSE: 500520 | NSE: M&M
Large Cap | Automobiles - Passenger Cars
3178.65
58.20 (1.87%) M&M reports 5% drop in March production
Date: 05-04-2017Mahindra & Mahindra (M&M) has reported 4.67% fall in its production to 50711 units in March 2017 as compared to 53196 units in same month last year. On the other hand, the company’s total sales for the month stood at 56,031 vehicles, a growth of 6%, compared to 52,718 vehicles during March 2016.
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.