Mahindra & Mahindra Ltd.
BSE: 500520 | NSE: M&M
Large Cap | Automobiles - Passenger Cars
3178.65
58.20 (1.87%) M&M’s FES registers 19% fall in domestic sales in September
Date: 01-10-2018Mahindra & Mahindra’s (M&M) Farm Equipment Sector (FES) has reported domestic tractor sales of 35953 units in September 2018, as against 44220 units during September 2017, registering a fall of 19%. Total tractor sales (domestic + exports) during September 2018 were at 37,581 units, as against 45,788 units for the same period last year. Exports for the month stood at 1628 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.