58.20 (1.87%) Mahindra Tractors, a farm equipment sector (FES) of Mahindra & Mahindra (M&M), has reported its tractor sales numbers for August 2017. Domestic sales in August 2017 were at 15,246 units, as against 12,327 units during August 2016. Total tractor sales (domestic + exports) during August 2017 were at 16,516 units, as against 13,543 units for the same period last year. Exports for the month stood at 1,270 units.
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.