Expect 8-10% growth in tractor industry over medium term of 3-4 years, says M&M

CNBC-TV18 2019-05-30

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It was a mixed fourth quarter for Mahindra and Mahindra (M&M) as the big worry is the slowdown in the tractor industry with tractor margins down for the third consecutive quarter, brokerages have downgraded the stock on weak FY20 guidance. VS Parthasarathy, chief financial officer at M&M shared his views and outlook.

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