58.20 (1.87%) Mahindra & Mahindra’s (M&M) Farm Equipment Sector (FES) has sold total 29,330 units during May 2018, as against 25,749 units sold in May 2017, to register a growth of 14%.
Domestic sales in May 2018 were at 28,199 units, as against 24,710 units during May 2017. Total tractor sales (domestic + exports) during May 2018 were at 29,330 units, as against 25,749 units for the same period last year. Exports for the month stood at 1,131 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.