-37.55 (-1.03%) Mahindra & Mahindra’s (M&M) Farm Equipment Sector (FES) has reported 4% fall in its total tractor sales (Domestic + Exports) numbers for May 2023 at 34,126 units as against 35,722 in May 2022. Domestic sales in May 2023 were at 33,113 units, as against 34,153 units during May 2022. Exports for the month stood at 1,013 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.