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2026-06-02 12:38:45 pm | Source: Accord Fintech
M&M gains after its Farm Equipment Business reports 22% rise in May tractor sales
M&M gains after its Farm Equipment Business reports 22% rise in May tractor sales

Mahindra & Mahindra is currently trading at Rs. 2976.40, up by 5.20 points or 0.18% from its previous closing of Rs. 2971.20 on the BSE.

The scrip opened at Rs. 2919.95 and has touched a high and low of Rs. 3006.20 and Rs. 2914.60 respectively. So far 60484 shares were traded on the counter.

The BSE group 'A' stock of face value Rs. 5 has touched a 52-week high of Rs. 3840.00 on 05-Jan-2026 and a 52-week low of Rs. 2896.30 on 16-Mar-2026.

Last one week high and low of the scrip stood at Rs. 3157.95 and Rs. 2961.65 respectively. The current market cap of the company is Rs. 369862.78 crore.

The promoters holding in the company stood at 18.45%, while Institutions and Non-Institutions held 67.80% and 13.75% respectively.

Mahindra & Mahindra’s (M&M) Farm Equipment Business has reported 22% rise in total tractor sales (Domestic + Exports) during May 2026 at 49,695 units, as against 40,643 units for the same period last year.

In the domestic market, tractor sales grew 23% to 47,845 units in May 2026 as compared to 38,914 units in May 2025. The exports increased 7% to 1850 units in May 2026 from 1729 units in May 2025.

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