Mahindra & Mahindra shares in focus after May vehicle sales rise 17% YoY to 84,110 units

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Mahindra & Mahindra posted a 17% YoY rise in May vehicle sales to 84,110 units. Utility vehicle sales grew 21% to 52,431 units, while total tractor sales rose to 40,643 units. Strong demand, monsoon forecasts, and farm policy support are expected to sustain growth momentum across its automotive and farm segments.