Mahindra & Mahindra Ltd.
BSE: 500520 | NSE: M&M
Large Cap | Automobiles - Passenger Cars
3083.50
-9.35 (-0.30%) M&M’s FES registers 17% fall in domestic sales in May
Date: 03-06-2019Mahindra & Mahindra’s (M&M) Farm Equipment Sector (FES) has reported domestic tractor sales of 23,539 units in May 2019, as against 28,199 units during May 2018, registering a fall of 17%. Total tractor sales (domestic + exports) during May 2019 were at 24,704 units, as against 29,330 units for the same period last year. Exports for the month stood at 1165 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.