September, 11 2025 Thursday 08:27 Hrs
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  • Commodity broking firm in India323.83( 0.40%) 10-Sep-2025
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Company News Details

Mahindra & Mahindra Ltd
Industry :  Automobiles - Passenger Cars
BSE Code
ISIN Demat
Book Value()
500520
INE101A01026
495.4165346
NSE Symbol
P/E(TTM)
Mar.Cap( Cr.)
M&M
33.65
448317.01
EPS(TTM)
Face Value()
Div & Yield %
107.14
5
0.68
 

mahindra & mahindra ltd
Tractor makers rally as GST cut boosts farm sentiment
Sep 04,2025
Mahindra & Mahindra soared 6.06% and Escorts Kubota surged 5.46% following the announcement.

The Council reduced GST on tractors (except road tractors for semi-trailers above 1800cc) to 5% from 12%. For road tractors with engines above 1800cc, the tax was lowered to 18% from 28%. Additionally, GST on tractor tyres and parts was slashed from 18% to 5%.

The move is expected to lower ownership costs at a time when farmers are battling higher input expenses. The cut will particularly benefit small and marginal farmers, boosting rural demand and driving growth in farm mechanisation.

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