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M&M shares surge 3% as June sales up 15% to 62,429 units

Shares of Mahindra & Mahindra (M&M) rose 3% after the company reported a 15% YoY increase in overall auto sales for June 2023. The utility vehicles segment saw domestic sales of 32,585 vehicles and overall sales of 33,986 vehicles, including exports. However, sales of SUVs were affected by disruptions in engine-related parts and constraints in the supply of specific parts. M&M s domestic sales of small commercial vehicles stood at 19,798 vehicles. The company s farm equipment sector also saw growth, with domestic tractor sales up 9% YoY.

Hemant sikkaAutomotive divisionEquipment sector

Mahindra s Farm Equipment Sector Sells 43,364 Units in India during June 2023

Mahindra s Farm Equipment Sector Sells 43,364 Units in India during June 2023
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Hemant sikkaMahindra ltdMahindra groupFarm equipment sector sellsFarm equipment sectorEquipment sectorMahindra limited

M&M overall sales up 15% in June, SUV sales rise 22%; exports down by 10%

Three-wheeler sales were also up by 59% and reached 6,377 units in June 2023 from 4,008 units in June 2022

Hemant sikkaMahindra ltdEquipment sector

2023 Agricultural Machinery Autopilot System Market Size and Research Report in Machinery & Equipment Sector | with [105 Pages] and Forecast till 2031

May 16, 2023 (The Expresswire) "Final Report will add the analysis of the impact of COVID-19 on this industry." The Global "Agricultural Machinery.

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Swaraj Tractors launches a new Compact Light Weight Tractor Range Swaraj Target

Swaraj Tractors, a rapidly growing tractor brand in the country and a part of the Mahindra Group, today launched a Compact Light Weight tractor range called the Swaraj Target .

Harish chavanHemant sikkaMahindra ltdMm ltdSwaraj divisionMahindra groupSwaraj tractorsCompact light weight tractor rangeCompact light weightSwaraj targetEquipment sectorFarm equipmentTransform farmingEnrich livesMahindra limited

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