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M&M TO DIVEST STAKE IN SSANGYONG AND FOCUS ON FARM EQUIPMENT

Published On 19 Aug 2020 04:48 AM


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  • M&M distress acquisitions predominantly never paid off. Foreign acquisition losses amounted to 1102 crore in FY18 jumping to INR 5257 crore in FY 20.
  • In contrast, the Farm Equipment Business which has only been funded with a mere 10% of its capital makes for 60% of its total revenue.

The logical conclusion post this observation which one draws is that rural monopoly from M&M is the prudent thing to ....


Tags : SsangYong, Mahindra & Mahindra, M&M, ROCE, Farm Equipment, Farming Industry,
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