M&M Gains Over 1% as Farm Equipment Sector Reports 49% Surge in September Tractor Sales | Udaipur Kiran


Mumbai (Udaipur Kiran News): Shares of Mahindra & Mahindra (M&M) rose over 1% in Wednesday’s trading session after the company’s Farm Equipment Sector (FES) reported a strong 49% year-on-year growth in September 2025 tractor sales.

The stock was trading at ₹3,463.75, up ₹37.10 or 1.08%, from its previous close of ₹3,426.65 on the BSE. The scrip opened at ₹3,412.35 and touched an intraday high of ₹3,500.00 and a low of ₹3,412.35. A total of 84,876 shares have been traded so far.

The BSE Group ‘A’ stock has a 52-week high of ₹3,723.00 (September 9, 2025) and a 52-week low of ₹2,360.45 (April 7, 2025). Over the past week, the stock traded between ₹3,584.75 and ₹3,392.00. The company’s market capitalization stands at ₹4,29,875.48 crore.

Promoter shareholding is 18.44%, while institutional investors hold 68.20% and non-institutional investors own 13.35%.

🔹 Strong Tractor Sales Performance – September 2025

  • Total Sales (Domestic + Export): 66,111 units (↑49% YoY) vs 44,256 units in September 2024

  • Domestic Sales: 64,946 units (↑50% YoY) vs 43,201 units

  • Exports: 1,165 units (↑10% YoY) vs 1,055 units

The robust domestic performance reflects strong rural demand and festive season momentum, reinforcing M&M’s leadership in the tractor segment.

Mahindra & Mahindra, the flagship company of the Mahindra Group, is one of India’s leading automobile manufacturers, with business interests spanning automotive, farm equipment, and financial services.

 

 



Source link