Mahindra & Mahindra Ltd.
BSE: 500520 | NSE: M&M
Large Cap | Automobiles - Passenger Cars
3128.35
44.85 (1.45%) M&M’s FES registers 7% fall in domestic sales in February
Date: 01-03-2019Mahindra & Mahindra’s (M&M) Farm Equipment Sector (FES) has reported domestic tractor sales of 18,105 units in February 2019, as against 19,442 units during February 2018, registering a fall of 7%. Total tractor sales (domestic + exports) during February 2019 were at 18,978 units, as against 20,658 units for the same period last year. Exports for the month stood at 873 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.