30.20 (0.97%) Mahindra & Mahindra’s (M&M) Farm Equipment Sector (FES) is planning to increase the price of its range of tractors, across models. This has been necessitated due to the increase in commodity prices. Details of the price increase across different models will be announced in due course.
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.