Mahindra & Mahindra Ltd.
BSE: 500520 | NSE: M&M
Large Cap | Automobiles - Passenger Cars
3178.65
58.20 (1.87%) M&M’s FES registers 24% growth in domestic sales in June
Date: 02-07-2018Mahindra & Mahindra’s (M&M) Farm Equipment Sector (FES) has reported domestic sales of 39,277 units during June 2018, as against 31,660 units sold in June 2017, registering a growth of 24%. Total tractor sales (domestic + exports) during June 2018 were at 40,529 units, as against 33,093 units for the same period last year. Exports for the month stood at 1,252 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.