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Mahindra's Farm Equipment Sector Sells 27,170 Units in India during February 2021

Mahindra s Farm Equipment Sector Sells 27,170 Units in India during February 2021
Posted On:
2021-03-01 00:21:14
(Time Zone: Arizona, USA)
Mahindra & Mahindra Ltd. s Farm Equipment Sector (FES), a part of the USD 19.4 billion Mahindra Group, today announced its tractor sales numbers for February 2021.
Domestic sales in February 2021 were at 27,170 units, as against 21,877 units during February 2020.
Total tractor sales (Domestic + Exports) during February 2021 were at 28,146 units, as against 22,561 units for the same period last year.
Exports for the month stood at 976 units.
Commenting on the performance, Hemant Sikka, President - Farm Equipment Sector, Mahindra & Mahindra Ltd. said, We have sold 27,170 tractors in the domestic market during February 2021 with a growth of 24% over last year. Tractor demand continues to be robust with Rabi sowing at an all-time high, supported by healthy reservoir levels and higher liquidity with farmers, on ....

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Escorts Agri Machinery Volumes grew by 30.6 percent in February 2021

Escorts Agri Machinery Volumes grew by 30.6 percent in February 2021
Posted On:
2021-02-28 20:57:04
(Time Zone: Arizona, USA)
Escorts Ltd Agri Machinery Segment (EAM) in February 2021 sold 11,230 tractors, our highest ever February sales and registering a growth of 30.6 percent against 8,601 tractors sold in February 2020.
Domestic tractor sales in February 2021 was at 10,690 tractors registering a growth of 32.8 percent against 8,049 tractors in February 2020. The tractor demand is expected to continue to be strong on back of positive macroeconomic factors and strong rural cash flows. The supply side situation is normal, but rising inflation continues to be a worry.
Export tractor sales in February 2021 was at 540 tractors against 552 tractors sold in February 2020. ....

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A Golden Globe ceremony like no other

Posthumous award for Chadwick Boseman for his performance in Ma Rainey s Black Bottom ....

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GLOBAL MARKETS-Asian stocks rally, battered bond market tries for stability

Asian shares rallied on Monday as some semblance of calm returned to bond markets after last week's wild ride, while progress in the huge U.S. stimulus package underpinned optimism about the global economy and sent oil prices higher. ....

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Sovereign Gold Bond: Sovereign gold bond price lowest in 10 months; should you subscribe?

The sovereign gold bond scheme, that opened for subscription from today, will close on March 5. The issue price of the bond is the lowest in the last 10 months. ....

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