Mahindra & Mahindra Farm Equipment Sector (FES), a part of the USD 16.5 billion Mahindra Group, today announced a fall of 31% in tractor sales for March 2015. Total tractor sales (domestic and exports) during March 2015 stood at 12,254 units, as against 17,673 units for the same period last year.

Domestic sales in March 2015 stood at 10,392 units, as against 16,571 units for the same period last year. Export for the month stood at 1,862 units, registering a growth of 69%.

Shares of the company gained Rs 15.85, or 1.34%, to trade at Rs 1,203. The total volume of shares traded was 50,265 at the BSE (3.08 p.m., Wednesday).