-103.65 (-2.83%) Mahindra & Mahindra’s (M&M) Farm Equipment Sector (FES) has reported 11% fall in its total tractor sales (Domestic + Exports) numbers for April 2023 at 36405 units as against 40939 in April 2022. Domestic sales in April 2023 were at 35,398 units, as against 39,405 units during April 2022. Exports for the month stood at 1,007 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.