Mahindra & Mahindra Ltd.
BSE: 500520 | NSE: M&M
Large Cap | Automobiles - Passenger Cars
3083.50
-9.35 (-0.30%) M&M to suspend production at plants for up to 17 days in Q2FY20
Date: 16-09-2019Mahindra & Mahindra (M&M) is planning to suspend production at its automotive manufacturing plants in the July-September quarter of current fiscal (Q2FY20), ranging between 8-17 days, in order to adjust production with sales requirements. Besides, the company will observe no production days in the farm equipment sector ranging between 1-3 days by end of September 2019.
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.